Calculate that the bond has a dirty price

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Problem 1: You calculate that the bond has a dirty price of $1073.93 and has a face value of $1000. The bond has an annual coupon rate of 8.50%. It pays coupons semi-annually (every 182.5 days) and its last coupon payment was 62 days ago.

Problem 2: If you bought the bond today, what is the total price that you would expect to pay?

Reference no: EM132744842

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