Consider a T-bond. The face value is $1,000. Its coupon rate is 8%, and is paid semiannually. 61days have elapsed since
Posted: Sat Nov 27, 2021 5:24 pm
Consider a T-bond. The face value is $1,000. Its coupon rate is
8%, and is paid semiannually. 61days have elapsed since last
coupon. Number of days in the coupon period is 184. You have to pay
$1,080 to invest in this bond. Answer the following questions. (1)
Find the accrued interest. (2) Find the clean price. (3) Find the
dirty price. (4) How much should you pay when you want to buy
the bond now?
8%, and is paid semiannually. 61days have elapsed since last
coupon. Number of days in the coupon period is 184. You have to pay
$1,080 to invest in this bond. Answer the following questions. (1)
Find the accrued interest. (2) Find the clean price. (3) Find the
dirty price. (4) How much should you pay when you want to buy
the bond now?