Assume The Bond S Quoted Clean Price Is 1 165 56 The Bond Has The Coupon Rate Of 9 6 And That The Coupons Are Pai 1 (16.35 KiB) Viewed 26 times
Assume the bond's quoted ("clean") price is $1.165.56, the bond has the coupon rate of 9.6% and that the coupons are paid semiannually. Further assume that the bond has the face value of $1,000. What is the bond's invoice ("dirty") price, if the last coupon payment took place five months ago?" $1,119.56 $1.205.56 $1.125.56 We do not have sufficient information to answer this question.
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