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17, A 8% coupon bond with an ask price of $1000 pays interest every 180 days. If the bond paid interest 40 days ago, the dirty price of the bond would be: d nteiest (a) $1,360.00 (b) $1,007.35 メー (c) $1,008.89 (d) $1,017.78 oofrioox2- 2 メーし 80Y o ,2y(報.gg
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Answer #1
Answer: Option [c]
Calculation and explanation:
Dirty price = Ask price + Accrued interest
= 1000+1000*8%*40/360 = $ 1,008.89
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