Question
Sell Auction date : 2022-05-04 Auction type : Nominal bond Loan : 1065 ISINcode : SE0017830730 Coupon % : 1.750 Maturity : 11/11/2033 Offered/tendered :
Sell
Auction date : 2022-05-04
Auction type : Nominal bond
Loan : 1065
ISINcode : SE0017830730
Coupon % : 1.750
Maturity : 11/11/2033
Offered/tendered : 2,500
Tendered : 7,175
Allocated institutional: 2,500
Tender ratio : 2.87
Number of bids : 36
Number of accepted bids : 18
Yield avg : 1.9552(97.898)
Low : 1.9380(98.072)
Cutoff : 1.9700(97.749)
% of Eq Price Lvl : 26.32
The question you have to answer is what investors had to pay for this bond when it was sold?
Can you please show me how to answer this question?
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Auditing And Edp
Authors: Gordon B Et Al Davis
2nd Edition
9993191930, 978-9993191933
