Business
Business, 27.02.2020 16:50, tristan70

It is May 1. The quoted price of a bond with a 30/360 day count and 12% per annum coupon in the United States is 105. It has a face value of 100 and pays coupons on April 1 and October 1. What is the cash price?
A. 106.00
B. 106.02
C.105.98
D. 106.04

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Answers: 2

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It is May 1. The quoted price of a bond with a 30/360 day count and 12% per annum coupon in the Unit...

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