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Please find the Full Price. Please show how you got the answer. Consider a bond with the following characteristics: Pfuli = pyFlat + Accrued Interest
Please find the Full Price. Please show how you got the answer.
Consider a bond with the following characteristics: Pfuli = pyFlat + Accrued Interest PV Fui! = PVX(1 + r)e/T Par Value Coupon Rate Coupon Frequency Maturity Date Payment Date(s) Settlement Date Last Coupon Date Next Coupon Date Day Count Basis Yield to Maturity 100 5.00% Annual 6/14/24 June 14 10/6/19 6/14/19 6/14/20 Actual/Actual 7.00% PV is a "what if" price of this bond on the last coupon payment date, using current YTM. Accrued Interest = XPMT Calculation Inputs: N = 5 17.00 PMT= 5 FV = 100 r = 7.00% t = 114 T= 366 Results: PV = 91.7996 Consider a bond with the following characteristics: Pfuli = pyFlat + Accrued Interest PV Fui! = PVX(1 + r)e/T Par Value Coupon Rate Coupon Frequency Maturity Date Payment Date(s) Settlement Date Last Coupon Date Next Coupon Date Day Count Basis Yield to Maturity 100 5.00% Annual 6/14/24 June 14 10/6/19 6/14/19 6/14/20 Actual/Actual 7.00% PV is a "what if" price of this bond on the last coupon payment date, using current YTM. Accrued Interest = XPMT Calculation Inputs: N = 5 17.00 PMT= 5 FV = 100 r = 7.00% t = 114 T= 366 Results: PV = 91.7996Step by Step Solution
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