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A fixed coupon bond has a coupon rate of 4% paid semi-annually with a maturity...

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Accounting

A fixed coupon bond has a coupon rate of 4% paid semi-annually with a maturity date of 8/15/20. The bond uses a 30/360 day counting convention and is trading at a yield today (12/10/19) of 3%. Calculate the following for today:

The Dirty Price of the Bond

Answer this: The Accrued Interest of the Bond

Answer & Explanation Solved by verified expert
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