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Ford Motor Co. has an outstanding bond that matures on June 15, 2043. The bond has a coupon rate of 7.75%, yield to maturity of
- Ford Motor Co. has an outstanding bond that matures on June 15, 2043. The bond has a coupon rate of 7.75%, yield to maturity of 6.013%, semi-annual payments, and a 30/360 daycount.
- Find the dirty (or all-in) price of the bond today (November 3, 2021).
- Find the accrued interest for the next coupon payment.
- Find the clean price of the bond today.
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An Introduction To Trading In The Financial Markets Market Basics
Authors: R. Tee Williams
1st Edition
0123748380, 9780123748386
