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Ordinary bonds of CenterPoint Energy Inc. mature in 7 years and pay coupons twice per year. What is todays quoted price for this CenterPoint Energy
Ordinary bonds of CenterPoint Energy Inc. mature in 7 years and pay coupons twice per year. What is todays quoted price for this CenterPoint Energy bond if the next coupon will be disbursed in exactly six months? Note: the YTM = 9.78% and the CenterPoint Energy bond annual coupon rate is 9.0%. |
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