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I'm stuck between 123.05 and 191.83. I get the 191.83 by multiplying the asked price and 1.559 together. If you buy this April 15, 2028
I'm stuck between 123.05 and 191.83. I get the 191.83 by multiplying the asked price and 1.559 together.
If you buy this April 15, 2028 maturity, TIPS from a dealer, what flat price will you pay? Assume the bond was originally issued at $100 par. Quoted prices are in decimals. Accrued Maturity Coupon Bid Asked Chg Yield* principal 2028 Apr 15 3.625 123.02 123.05 6 0.991 1559 155.90 123.02 123.05 191.83Step by Step Solution
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QFinance The Ultimate Resource
Authors: Various Authors
1st Edition
1849300003, 978-1849300001
