A bond with an 8% coupon rate, with a face value of 150 pays coupons...
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Accounting
A bond with an 8% coupon rate, with a face value of 150 pays coupons semi-annually. The bond has a maturity of 1.75 years. If the required yield is 6% and the bond is half way through its first coupon period. What is its clean price?
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