Consider a T-bond maturing on December 31,2028 with coupon payments on December 31 and June...
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Consider a T-bond maturing on December 31,2028 with coupon payments on December 31 and June 30 every year. Assume that the bond has $1000 par value, 4% coupon rate, and YTM = 5%. The bond is traded on February 5, 2019. Assume the market discount rate is equal to YTM.
1.What is the Accrued Interest? (Round your answer to 2 decimal points)
2.what is the full price?
3.what is the flat price?
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