Clean Price of the bond=Invoice or Dirty Price-Accrued
Interest=1034-8.4%*1000/2*2/6=1020.00
You purchase a bond with an invoice price of $1,034. The bond has a coupon rate...
You purchase a bond with a coupon rate of 6.3 percent and a clean price of $895. Assume a par value of $1,000. If the next semiannual coupon payment is due in two months, what is the invoice price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
you purchase a bond with an invoice price of $1,119. the bond has a coupon rate of 6.25 percent, a face value of $1,000, and there are four months to the next semiannual coupon date. What is the clean price of this bond?
You purchase a bond with an invoice price of $993. The bond has a coupon rate of 5.27 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. The par value is $1,000. What is the clean price of the bond?
You purchase a bond with an invoice price of $1,017. The bond has a coupon rate of 5.45 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. The par value is $1,000. What is the clean price of the bond? $998.83 $1,007.92 $1,044.25 $989.75 $1,026.08
You purchase a bond with an invoice price of $1,009. The bond has a coupon rate of 5.39 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. The par value is $1,000. What is the clean price of the bond? a. 1035.95 b. 982.05 c.1013.49 d.1004.51 e. 986.54
You purchase a bond with an invoice price of $1,020. The bond has a coupon rate of 9.2 percent, and there are 3 months to the next semiannual coupon date. What is the clean price of the bond?
Henley Corporation has bonds on the market with 10.5 years to maturity, a YTM of 5.7 percent, a par value of $1,000, and a current price of $945. The bonds make semiannual payments. What must the coupon rate be on the bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate % You purchase a bond with an invoice price of $1,043. The bond has a coupon rate...
You purchase a bond with an invoice price of $984.63. The bond has a coupon rate of 8.50 percent, a face value of $1,000, and there are two months to the next semiannual coupon date. What is the clean price of this bond? A. $970.46 B. $1,012.96 C. $956.30 D. $998.80 .
You purchase a bond with a coupon rate of 7.8 percent and a clean price of $920. Assume a par value of $1,000. If the next semiannual coupon payment is due in two months, what is the invoice price?
Accrued Interest You purchase a bond with a par value of $1,000, a coupon rate of 7.1 percent, and a clean price of $992. If the next semiannual coupon payment is due in four months, what is the invoice price?