You are considering buying a semi-annual bond that has 20 coupon payments remaining, with the...
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You are considering buying a semiannual bond that has coupon payments remaining, with the next coupon payment occurring days from the settlement date. The bond's coupon rate is and similar bonds are reported to have a yield of maturity of There are days between the bond's coupon payments. a What is the maximum price that you are willing to pay for the bond? $ b If your assumptions are correct then what is the estimated quoted price remember quotes are a percent of par value $
You are considering buying a semiannual bond that has coupon payments remaining, with the next
coupon payment occurring days from the settlement date. The bond's coupon rate is
and similar bonds are reported to have a yield of maturity of There are days between the bond's
coupon payments.
a What is the maximum price that you are willing to pay for the bond? $
b If your assumptions are correct then what is the estimated quoted price remember quotes are a percent
of par value $
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