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The book value of a particular bond on the coupon state February 24,1998 was 964.33 immediately after the coupon was paid. Assume the bond pays

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The book value of a particular bond on the coupon state February 24,1998 was 964.33 immediately after the coupon was paid. Assume the bond pays 5% semiannual coupons with a yield of 9% convertible semiannually and a par value of $1000. Find the flat (full) price, accrued interest, and market price on May 17,1998 using...
- semi-theoretical
- theoretical
-practical
1. The book value of a particular bond on the coupon date February 24, 1998 was $964.33 immediately after the coupon was paid. Assume the bond pays 5% semiannual coupons with a yield of 9% convert ible semiannually and a par value of $1,000. Find the flat (full) price, accrued interest, and market price on May 17, 1998. Be sure to clearly label each of your answers. (a) Use the semi-theoretical method. (b) Use the Theoretical method. (c) Use the practical method

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