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Find the price of the bond five years after the issue date

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Reference no: EM133017562

Problem - A coupon-bearing bond with a face value of $2180 and semi-annual coupons of 8% will mature in 19 years. The annual nominal yield convertible semi-annually is 4.8%.

Required -

(a) Find the price of the bond 5 years after the issue date, just after the coupon is paid.

(b) Find the price-plus-accrued price after 5 years and 18 weeks after the issue date. (Use t = 18/26).

(c) Find the market price after 5 years and 18 weeks after the issue date.

Reference no: EM133017562

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