hard · FRM Part 1
A corporate bond with a face value of $1,000 and an 8% annual coupon currently trades at $960. It is 60 days into a 180-day semiannual coupon period.
What is the dirty price of the bond using the 30/360 day-count convention?
- $966.67
- $960.00
- $986.67
- $973.33
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