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johnpaech johnpaech
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Posts: 1098
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6 years ago
Consider a corporate bond with a $1000 face value, 8% coupon with semiannual coupon payments, 7 years until maturity, and a YTM of 9%.  It has been 57 days since the last coupon payment was made and there are 182 days in the current coupon period.  The dirty (cash) price for this bond is closest to:
A) $949.70
B) $961.40
C) $936.40
D) $948.90
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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EgorGruzdevEgorGruzdev
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#1
Posts: 422
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6 years ago
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johnpaech Author
wrote...

6 years ago
Good timing, thanks!
jamesbove
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Yesterday
Thanks
Gorgio_De
wrote...

2 hours ago
Smart ... Thanks!
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