Question
You bought a bond in September that pays annual coupons in April that had a quoted purchase price at $1003.50 yet when you get your
You bought a bond in September that pays annual coupons in April that had a quoted purchase price at $1003.50 yet when you get your statement you ended up paying $1024.75 -- assuming no commission, did the broker make an error?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
