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Commonwealth Government Security (CGS) makes coupon payments on a semi-annual basis and comes with a face value of $100. What is the settlement price of
Commonwealth Government Security (CGS) makes coupon payments on a semi-annual basis and comes with a face value of $100. What is the settlement price of a 4% May 2024 CGS with a required yield of 6% that has a settlement date of Monday 23 March 2020? Select one: a. $97.37 O b. $94.16 c. $93.82 O d. $91.55 Commonwealth Government Security (CGS) makes coupon payments on a semi-annual basis and comes with a face value of $100. What is the quoted price of a 4% May 2024 CGS with a required yield of 6% that has a settlement date of Monday 23 March 2020? Select one: O a. $92.75 O b. $97.50 O c. $90.25 O d. $95.00 Commonwealth Government Security (CGS) makes coupon payments on a semi-annual basis and comes with a face value of $100. What is the accrued interest (difference between the settlement and quoted prices) of a 4% May 2024 CGS with a required yield of 6% that has a settlement date of Monday 23 March 2020? Select one: O a. $1.41 O b. $0.50 O c. $3.25 O d. $2.50
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