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Clean Price of Bond Assignment | Homework For You

Author:
June 2nd, 2020

You buy a bond with 9% annual coupon rate payable semiannually. You paid a total price of $1,150 for the bond and the next coupon is due in three months. What is your clean price?Homework For You

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Question 10 options:

1) $1,105
2) $1,127.5
3) $1,150
4) $1,195

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