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Please show step by step soltuion. Explain every step Problem # 1 : A bond issued on February 1 , 2 0 0 4 with
Please show step by step soltuion. Explain every step
Problem # : A bond issued on February with face value of $ has semiannual coupons of and can be
redeemed for par face value on February What is the accrued interest and the market price the "clean"
price of the bond on November if the bond's yield on that date is to be use actualactual for
accrued interest
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