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Bond B, described below, is sold for settlement on October 1. Coupon payment frequency: Semiannual Day-count convention: 30/360 Annual Yield-to-Maturity: 4% Interest payment Dates 10
Bond B, described below, is sold for settlement on October 1. Coupon payment frequency: Semiannual Day-count convention: 30/360 Annual Yield-to-Maturity: 4% Interest payment Dates 10 January and 10 June Accrued interest: $1.85 PV as of the last coupon payment was: $106.47 Given the information above, Determine Bond Bs full price AND Bond B's flat price:
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