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Missing information on a bond. Your broker faxed to you the following information about two semiannual coupon bonds that you are considering as a potential
Missing information on a bond. Your broker faxed to you the following information about two semiannual coupon bonds that you are considering as a potential investment. Unfortunately, your fax machine is blurring some of the items, and all you can read from the fax on the two different bonds is the following: Fill in the missing data from the information that the broker sent.
What is the price of the IBM coupon bond?
Round to the nearest cent.
Data table
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tablePeaturesIBM Coupon Bond,AOL Coupon BondFace value Par$$
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