a. Consider a 5 1/8 bond, maturing at 12/31/02 (coupon pmt date is 6/30 and...
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Accounting
a. Consider a 5 1/8 bond, maturing at 12/31/02 (coupon pmt date is 6/30 and 12/31) trading at 101:11 for settlement 8/12/02. Calculate accrued interest and invoice price. (M = 100,000)
b. Consider now a 5 1/2 bond, maturing 3/31/03, trading at 102:15 for settlement, 8/12/02. Calculate accrued interest and invoice price (M=100,000)
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