Suppose that today's date is April 15. A bond with a 8% coupon paid semiannually every January 15 and July 15 is quoted
Posted: Sun May 29, 2022 6:02 pm
Suppose that today's date is April 15. A bond with a 8% coupon paid semiannually every January 15 and July 15 is quoted as selling at an ask price of 1,015,000. If you buy the bond from a dealer today, what price will you pay for it? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Invoice price $ 10.130.00