Finance Junkie
Posts: 205
Joined: Mon Feb 04, 2013 3:35 pm


Postby » Thu Mar 28, 2013 1:48 am

Austin Traynor is considering buying a $1,000 face value, semi-annual coupon bond with a quoted price of 104.75 and accrued interest since the last coupon of $33.50. If Traynor pays the dirty price, how much will the seller receive at the settlement date?

A) $1,047.50.
B) $1,081.00.
C) $1,014.00.
D) $1,033.50.

Finance Junkie
Posts: 356
Joined: Wed Apr 11, 2012 11:26 am


Postby content.pristine » Thu Mar 28, 2013 4:19 pm

Dear Anbu,
From now on, please be specific in your doubts.
1. What is the source of the question?
2. What is the answer?
3. Where exactly are you facing problems in this question?

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