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Homework answers / question archive / Bond EMDR, described in the exhibit below, is sold for then settlement on 16 June 2020

Bond EMDR, described in the exhibit below, is sold for then settlement on 16 June 2020

Finance

Bond EMDR, described in the exhibit below, is sold for then settlement on 16 June 2020. 
Par Value Annual Coupon Coupon Payment Frequency Interest Payment Dates October 
Maturity Date 2022 
100 
5% 
Semi-annual 
10 April; 10 
10 October 
Day count Convention 30/360 
Annual Yield-to-Maturity 4% 
A. The full price that Bond G settles at on 16 June 2020 is closest to: 
 

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