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(Solution) - A 1000 face value 7 6 coupon bond pays interest on

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A $1000 face value, 7.6% coupon bond pays interest on May 15 and November 15. If its flat price on August 1 was $1065.50, at what price (expressed as a percentage of face value) would the issue have been reported in the financial pages?


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This question was answered on: Jul 11, 2017

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