Todays closing price of a bond with the par value of, Ask an Expert

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Today's closing price of a bond, with the par value of $1,000.00 and 8% coupon rate, was listed as 103.50. The information also indicates that today's price was 7.20 higher then yesterday. Based on this information

a) find out this bond's closing price for today

b) find out yesterday's price of this bond

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Basic Finance, Finance

Category:- Basic Finance
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