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As a bond trader, you are to evaluate a 8% coupon semiannual bond paying coupon every February 1 and August 1 Assume today is November
As a bond trader, you are to evaluate a 8% coupon semiannual bond paying coupon every February 1 and August 1 Assume today is November 1, 2021 and the bond yields 6% to maturity. The maturity date is August 1, 2022. Calculate the following : b) the full price of the bond today (show work). Use 30 day convention. c) the clean price (show work).
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