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As of August 1,2022 , the bond had exactly 25 years to maturity remaining and 7.7% coupon rate with 9.2% yield to maturity. Suppose 63
As of August 1,2022 , the bond had exactly 25 years to maturity remaining and 7.7% coupon rate with 9.2% yield to maturity. Suppose 63 days have passed since the last coupon payment. Assuming there are 180 days in 6 months, find the accrued interest to find the dirty price of the bond, i.e. the price you would actually pay. (A) $841.54 B) $854.16 (C) $867.64 (D) $881.28 (E) $899.39
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