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You are buying a bond at a clean price of $1,180. The bond has a face value of $1,000, a 9 percent coupon, and pays
You are buying a bond at a clean price of $1,180. The bond has a face value of $1,000, a 9 percent coupon, and pays interest semiannually. The next coupon payment is 4 months from now. What is the dirty price of this bond? A) 1165.00 B) 1195.00 C) 1202.00 D) 1000.00 E) 1210.00
A) 1165.00
B) 1195.00
C) 1202.00
D) 1000.00
E) 1210.00
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