question archive A bond with an 8% coupon paid semi-annually on 15 January and 15 July each year is currently listed at an ask price of 102
A bond with an 8% coupon paid semi-annually on 15 January and 15 July each year is currently listed at an ask price of 102
Subject:FinancePrice:2.86 Bought3
A bond with an 8% coupon paid semi-annually on 15 January and 15 July each year is currently listed at an ask price of 102.50%. If you want to purchase this bond today, with today’s date as 15 August 2020, how much will you pay for one bond?
Option 1
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2.86 USD
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