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Posted on Aug 12, 2024

You are buying a bond with ( almost ) 3 years to maturity; face value of TWD 1 0 0 0 0 0 ; and

You are buying a bond with

(

almost

) 3

years to maturity; face value of TWD

100 000

; and coupon rate of

5 % .

Coupon payments are made annually. Market interest rate is

6 % .

Last coupon payment was made

8

months ago. How much is quoted

(

clean

)

price?

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