A corporate bond has a coupon rate of 55 and a yield to


A corporate bond has a coupon rate of 5.5% and a yield to maturity of 4.905%. You buy the bond when it is quoted at 102.10 percent of par. It has been 75 days since the last coupon payment was made. How much must you pay, per bond?

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Financial Management: A corporate bond has a coupon rate of 55 and a yield to
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