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B, Why? 10. What would you pay for a bond purchased at a clean price of 99.725 and a dirty price of 101.525? The bond
B, Why?
10. What would you pay for a bond purchased at a clean price of 99.725 and a dirty price of 101.525? The bond has a 5% coupon and a par value of USD10,000,000. a. USD 9,972,500 b. USD 10,152,500 c. USD 10,050,000 d. USD 10,000,000 Step by Step Solution
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