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A 7% semi-annual coupon bond settles 12/11/15 at 105.00 (clean price). Bond maturity is 12/31/25....

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Finance

A 7% semi-annual coupon bond settles 12/11/15 at 105.00 (clean price). Bond maturity is 12/31/25. For a 300 basis points increase in yield, assuming a 30/360-day count convention, what is the actual (dirty) price?

  • 86.72
  • 88.19
  • 83.61
  • 82.53
  • 85.60

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