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Suppose an investor bought a 1 0 - year, 1 0 % annual coupon bond at par ( face value of $ 1 , 0
Suppose an investor bought a year, annual coupon bond at par face value of $ and paying coupons annually and then sold it years later at a yield of a What is the full price? b What is the accrued interest the investor would receive when he sold the bond? Use a day count convention c What is the clean price?
Suppose an investor bought a year, annual coupon bond at par face value of $ and paying coupons annually and then sold it years later at a yield of
a What is the full price?
b What is the accrued interest the investor would receive when he sold the bond? Use a day count convention
c What is the clean price?
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