Virginia Tech FIN FIN MISC 1. Suppose that you see a bond quoted with a bid price of 93 and an ask price of 93.25. What does this mean in terms of bond prices. For example, if
2. The bid price for a bond is 103.5. It has a coupon of 6 percent and a maturity of 5 years. What would be the price you pay for the bond (not including accrued interest) and what
would be the yield to maturity?
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