(B) A bond with coupon rate of 12% and face value of GHS1000 is selling on the market on June 30(th) at 5% premium of the face value. Coupon payments on this bond are made on 31(st) of December every year. If an investor buys this bond on June 30(th) , i. calculate the clean price of the bond ii. calculate the dirty price of the bond (2 marks) (2 marks)

Ithink the most approximate answer would be b.i hope it you!

Part (a) is relatively straight forward.there are 4 aces in a standard 52-card deck. so the probability that an ace is picked is just 4/52.part (b): note that there are 4 suits in a standard 52-card deck. so picking hearts will be 13/52 or 1/4.part (c): the probability condition or means we need to add the two probabilities because we do not want them simultaneously. so, we end up getting pr(ace) + pr(heart).from part (a), we found that picking an ace had a probability of 4/52, which is reduced down to 1/13.from part (b), we found that picking a heart had a probability of 1/4.so, the probability of an ace or a heart is 1/13 + 1/4 = 4/52 + 13/52 = 17/52.

Real gdp reflects output more accurately than nominal gdp by using constant prices