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Consider a bond with a settlement date of February 22, 2010, and a maturity date of March 15, 2018. The coupon rate is 5.5%. If
Consider a bond with a settlement date of February 22, 2010, and a maturity date of March 15, 2018. The coupon rate is 5.5%. If the yield to maturity of the bond is 5.34% (bond equivalent yield, semiannual compounding), what is the list price of the bond on the settlement date? What is the accrued interest on the bond? What is the invoice price of the bond?
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