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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.
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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