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Business, 17.12.2021 03:20 lilypup004

A 10-year bond with a 10% coupon rate pays a semiannual coupon on the 15th of January and June each year (ie, you should assume the coupon period is 182 days). If on the 15th of September the bond's quoted price on a website is 101.25, how much would you pay for the bond in dollar terms

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A 10-year bond with a 10% coupon rate pays a semiannual coupon on the 15th of January and June each...
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