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For each of the bonds B-E described in the table calculate the clean price, accrued interest and dirty price. The Excel function = PRICE(.) gives
For each of the bonds B-E described in the table calculate the clean price, accrued interest and dirty price. The Excel function = PRICE(.) gives the clean price and it can be used to check your work. The format of this function for bond A is = PRICE(DATE(2000, 1, 1) + 157, DATE(2010, 1, 1), 2%, 3%, 100, 2)
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