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will rate asap if correct Assume the bond's quoted (clean) pricelis $1,161.56, the bond has the coupon rate of 9.6% and that the coupons are
will rate asap if correct
Assume the bond's quoted ("clean") pricelis $1,161.56, the bond has the coupon rate of 9.6% and that the coupons are paid semiannually. Further assume that the bond has the face value of $1,000. What is the bond's invoice ("dirty") price if the last coupon payment took place four months ago? $1,129,56 $1,168.56 $1,193.56 We do not have sufficient information to answer this Step by Step Solution
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