Question
A corporate bond G, is sold for settlement on 16 June 2018. It is a semi-annual coupon paying bond with 5% coupon rate. It makes
A corporate bond G, is sold for settlement on 16 June 2018. It is a semi-annual coupon paying bond with 5% coupon rate. It makes coupon payment on April 10th and October 10th each year. The maturity date of bond G is 10/10/2020.
What is its full price, accrued interest and clean price on settlement date if it has 4% yield to maturity (30/360 convention)?
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Parimutuel Applications In Finance New Markets For New Risks
Authors: Ken Baron, Jeffrey Lange
1st Edition
1403939500, 9781403939500
