Question
You purchase a bond with an clean price of $979. The bond has a coupon rate of 6 percent, and there are 3 months to
You purchase a bond with an clean price of $979. The bond has a coupon rate of 6 percent, and there are 3 months to the next semiannual coupon date. What is the dirty price of the bond? Enter the answer with 2 decimals (e.g. 954.23).
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
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