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A corporate bond is quoted at 101.67 in the WSJ. The annual coupon rate is quoted as 10% and the bond has 6 years until
A corporate bond is quoted at 101.67 in the WSJ. The annual coupon rate is quoted as 10% and the bond has 6 years until maturity. Also 50 days have passed since the last payment in the semi-annual coupon period. What is the dirty price for this bond? Assume there are 182 days in the coupon period and a face value of 1,000.
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