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Assume the original maturity a bond with face value $1000 is 8 years. The annualized yield to maturity for the bond is 6.25% and its

Assume the original maturity a bond with face value $1000 is 8 years. The annualized yield to maturity for the bond is 6.25% and its annual coupon rate is 7.5% being 2 semiannually paid. The bond was issued on 8/1/2015, and bought on 12/1/2017. Compute the following: (1) dirty price, (2) clean price and (3) accrued interest. (7 points)

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3. Assume the original maturity a bond with face value $1000 is 8 years. The annualized yield to maturity for the bond is 6.25% and its annual coupon rate is 7.5% being semiannually paid. The bond was issued on 8/1/2015, and bought on 12/1/2017. Compute the following (1) dirty price, (2) clean price and (3) accrued interest. (7 points)

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