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Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond Coupon rate Price Maturity Settlement Date Bank of Montreal 16% 95.51 June 1, 2030 January 8, 2019 What is the total price you would pay for this bond? Enter your answer rounded to two decimal places. Number

Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond Coupon rate Price Maturity Settlement Date Bank of Montreal 16% 95.51 June 1, 2030 January 8, 2019 What is the total price you would pay for this bond? Enter your answer rounded to two decimal places. Number

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond Coupon rate Price Maturity Settlement Date Bank of Montreal 16% 95.51 June 1, 2030 January 8, 2019 What is the total price you would pay for this bond? Enter your answer rounded to two decimal places. Number
Transcribed Image Text:Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond Coupon rate Price Maturity Settlement Date Bank of Montreal 16% 95.51 June 1, 2030 January 8, 2019 What is the total price you would pay for this bond? Enter your answer rounded to two decimal places. Number
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