Consider a corporate bond with a 1000 face value 8 coupon, Ask an Expert

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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, Finance

Category:- Financial Management
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