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You are buying a bond at a quoted price of $892. The bond has a 7.5% coupon and pays interest semiannually on February 1 and
You are buying a bond at a quoted price of $892. The bond has a 7.5% coupon and pays interest semiannually on February 1 and August 1. What is the dirty price of this bond if today is April 15, 2018? Assume a 30/360 day count convention.
$942.00
$938.50
$907.63
$896.17
$913.67
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