Business
Business, 05.11.2020 18:50, idcatall5

You purchase a bond with a Dirty price of $948. The bond has a coupon rate of 5.9 percent, and there are four months to the next semi annual coupon date. Assume a par value of $1,000. What is the clean price of the bond?

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You purchase a bond with a Dirty price of $948. The bond has a coupon rate of 5.9 percent, and there...

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