Semiannual payments and there are 2 months to the next
Question - Purchased a bond invoice price = $1,065.
Coupon rate = 5.81%
Semiannual payments, and there are 2 months to the next coupon payment.
Par value = $1,000.
What is the clean price of the bond?
Now Priced at $25 (50% Discount)
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question - purchased a bond invoice price 1065coupon rate 581semiannual payments and there are 2 months to the next
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