Question
You see the quoted price of a bond is $955 with an 6% coupon rate and par value of $1,000. Last coupon payment was 90
You see the quoted price of a bond is $955 with an 6% coupon rate and par value of $1,000. Last coupon payment was 90 days ago. There are 182 days between the previous and next coupons. The bond pays interest semi-annually. The invoice price of the bond is $
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The Complete Guide To Capital Markets For Quantitative Professionals
Authors: Alex Kuznetsov
1st Edition
0071468293, 978-0071468299
