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Dirty Bond Price A 4.6% bond matures October 15th, 2024, The trading date was June 25th, 2018, The YTM was 5.0% on that date. The
Dirty Bond Price A 4.6% bond matures October 15th, 2024, The trading date was June 25th, 2018, The YTM was 5.0% on that date. The bond pays coupons semiannually. Assume each month has 30 days and each semiannual coupon period has 180 days. The "dirty" price of the bond (cash price paid at the settlement date) should have been . Margin of error for correct responses: - $.05. Rounding and Formatting instructions: Do not enter dollar signs or commas in your response. Do not round any intermediate work but round your *final* response to 2 decimal places (Example: if your answer is $12.34567, you should enter 12.35.)
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