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Assume that you have a $100 bond that pays coupons of8.0% on a quarterly basis, with a maturity at the end of Sep2031. The yield
Assume that you have a $100 bond that pays coupons of8.0% on a quarterly basis, with a maturity at the end of Sep2031. The yield for the bond is currently at 6.4% p.a..compounded quarterly. Calculate the clean price for thisbond at the end ofJuly 2015.(Round your answer in dollarsto 2 decimal places, e.g. put 1204.42 if your answer is1204.4243
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
