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QUESTION 14 A European corporation has issued bonds with a par value of SFr 1,000 and an annual coupon of 5 percent. The last coupon

QUESTION 14

A European corporation has issued bonds with a par value of SFr 1,000 and an annual coupon of 5 percent. The last coupon on these bonds was paid five months ago, and their current clean price is 95 percent. If these bonds are international bonds, what is their full price?

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