Question
Compute invoice price of the following positions for settlement date Sept 10, 2016: (Do not use the excel formula ACCRINT for accrued interest). Position Maturity
Compute invoice price of the following positions for settlement date Sept 10, 2016: (Do not use the excel formula ACCRINT for accrued interest).
| Position | Maturity | Bid Discount | Annual Coupon Rate | Bid Price | Asked Price |
| Sell | 2/1/2017 | 1.065% | - |
|
|
| Sell | 5/15/2020 |
| 7.125% | 133.9891 | 133.8047 |
| Buy | 11/15/2040 |
| 3.375% | 127.0313 | 127.0938 |
| Sell | 8/15/2046 |
| 4.875% | 96.2969 | 96.3281 |
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Financial Performance
Authors: Marc Bertoneche, Rory Knight
1st Edition
0750640111, 978-0750640114
