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e Tools Add-ons Help Last edit was 1 hour ago + Background Layout Theme Transition 3 5 101112 Question 11 A 7% U.S. corporate bond

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e Tools Add-ons Help Last edit was 1 hour ago + Background Layout Theme Transition 3 5 101112 Question 11 A 7% U.S. corporate bond is priced for settlement on June 25, 2015. The bond makes semiannual coupon payments on March 11 and September 11 of each year and matures on September 11, 2026. The bond uses the 30/360 day-count convention for accrued interest. Given that stated annual yield-to-maturity is 6.3%, the flat price per 100 of par value of the bond is closest to: OPTION A: $97.9778 OPTION B: $103.6443 OPTION C: $105.5549

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