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A bond pays coupons on 5 / 1 5 and 1 1 / 1 5 of each year. Today is 1 / 2 3 /
A bond pays coupons on and of each year. Today is and you want to buy this bond the settlement date is ie the date you start to hold the bond The date for accrued interest is and the days for an interest payment cycle is days.
If the flat price on is $ what is the invoice price? The coupon rate is and the face value F is $
Hint: slide of Lect
Multiple Choice
$
$
$
$
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