Deteremining the trade cost


Question: You buy $5,000 par value of U.S. government 10 1/4s09 bonds at a price of 99 seventy-three days into the interest period.

If you pay a commission to your broker of $40, how much does the trade cost you, including accrued interest?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Deteremining the trade cost
Reference No:- TGS02074898

Now Priced at $20 (50% Discount)

Recommended (96%)

Rated (4.8/5)