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A corporate bond was issued US Corporation with 5.875% annual coupon rate that will mature on 11/15/2028. The spread is 213.34 bp vs 10yr Note
A corporate bond was issued US Corporation with 5.875% annual coupon rate that will mature on 11/15/2028. The spread is 213.34 bp vs 10yr Note T 0 3/8. The yield to maturity is 2.790981. The security is trading for settlement on 09/16/2020 .Your client is considering purchasing $1,000,000 face value of the bond with a coupon of 8.75% due to mature on August 15, 2017, and April 15, 2010, is the settlement date. Using the information your client would like to have answers to the following questions
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