Suppose a bond with$100par valueis purchased between coupon periods.The days between the settlement date and the next

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Suppose a bond with$100par valueis purchased between coupon periods.The days between the settlement date and the next coupon date is115.There are183days in the coupon period.Suppose that this bond has a coupon rate of7.4%and there are10semiannual coupon payments remaining.Assume a5.6%discount rate.The dirty price for this bond is closest to:

A.$107.76

B.$106.80

C.$109.13

D.$100

Posted Date: Jun 25, 2024 11:03 AM

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Suppose a bond with$100par valueis purchased between coupon periods.The days between the settlement date and the next

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