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Calculate the full (dirty) price of a bond, assuming the following. Transaction settlement date is July 10th, 2018. Bond maturity date is September 30th, 2020.
Calculate the full (dirty) price of a bond, assuming the following. Transaction settlement date is July 10th, 2018. Bond maturity date is September 30th, 2020. Coupon rate is 5%, and coupons are paid semi-annually. The bond is trading at a YTM of 5%. The day-count convention is 30/360. Redemption value is 100. Round your answer to the nearest cent (2 decimal places).
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