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Clean and dirty bond prices. You have decided to sell a 5 percent semi-annual coupon bond 2 months after the last coupon payment. The bond
Clean and dirty bond prices. You have decided to sell a 5 percent semi-annual coupon bond 2 months after the last coupon payment. The bond is currently selling for $951.25. Answer the following questions about the bond:
a) What is the clean price of the bond?
b) What is the dirty (full) price of the bond?
c) Explain how the clean and dirty prices of the bond are relevant to the buyer of the bond.
Please use excel and show function so i can attempt to learn for myself. Thank you!
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