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  3. 1. a corporate bond has a coupon rate of 10% (paid

1. A corporate bond has a coupon rate of 10% (paid semiannually) and matures on...

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Finance

1. A corporate bond has a coupon rate of 10% (paid semiannually) and matures on November 15, 2025. Its quoted price is 100. Assume 30 days per month.

It is now July 15, 2015. What is the invoice (or dirty) price (in $)?

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