A 3% coupon Bond with YTM of 2. 5% is maturing in 7months, FV =...
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Finance
A 3% coupon Bond with YTM of 2. 5% is maturing in 7months, FV = 100. Last coupon was 5 months ago, and next coupon is in 1month. The dirty price of the bond is $101.5364. What is the clean price of the bond?
A.
$99.2864
B.
$100.2864
C.
$100.0364
D.
$100
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