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Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond HSBC Coupon rate 4.5% Price 109.72 Maturity December 1, 2030 Settlement Date
Consider the following $1,000 face value bond which makes semi-annual coupon payments,
Bond | HSBC |
Coupon rate | 4.5% |
Price | 109.72 |
Maturity | December 1, 2030 |
Settlement Date | January 3, 2019 |
What is the total price you would pay for this bond? Enter your answer rounded to two decimal places.
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