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Consider a T-bond maturing in March 2020 with coupon payments on September 1 st and March 1 st . Assume that the bond has $1000
Consider a T-bond maturing in March 2020 with coupon payments on September 1stand March 1st. Assume that the bond has $1000 par value, 10% coupon rate, and YTM = 12.5%. The bond is traded on December 13, 2013.
1) What is the Accrued Interest? (Round your answer to 2 decimal points)
2) What is the full price? (Round your answer to 2 decimal points)
3) What is the flat price? (Round your answer to 2 decimal points)
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