Business
Business, 01.12.2021 14:40, lizzynmk

(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^ s prime of December every year. If an investor buys this bond on June 30 ^ m , i. calculate the clean price of the bond ii. calculate the dirty price of the bond (2 marks) (2 marks)

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(B) A bond with coupon rate of 12% and face value of GHS1000 is selling on the market on June 30 ^ (...

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