You are trading a fixed coupon bond with a 5% coupon rate paid semi-annually which matures on 1/15/22. The yield on this bond is currently 7% and today is 4/25/20 (the Settle Date). Assume the face of the bond is $100 (in other words, use the quoted price). The bond uses the 30/360 day counting method. Calculate the following (NOTE - ROUND ANSWERS TO THE NEAREST PENNY):
The DIRTY PRICE of the bond is $______
The ACCRUED INTEREST of the bond is $______.
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