Question
A bond has a quoted price of $1,070. The bond has two months to the next semiannual coupon date. If the face value of the
A bond has a quoted price of $1,070. The bond has two months to the next semiannual coupon date. If the face value of the bond is $1,000 and the coupon rate is 6.92 percent, calculate the dirty price of the bond.
Group of answer choices
$1,093.07
$1,046.93
$1,077.92
$1,081.53
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Introduction to Operations Research
Authors: Frederick S. Hillier, Gerald J. Lieberman
10th edition
978-0072535105, 72535105, 978-1259162985
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