Consider a corporate bond with a 1000 face value 8 coupon


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:

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Financial Management: Consider a corporate bond with a 1000 face value 8 coupon
Reference No:- TGS02700933

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