Answer to Question #282130 in Finance for aaa

Question

Bond details for below date

Issue Date : 1st Oct 2000

Par: $1,200

Coupon interest:6% ( Semi annual payment)

Day Count Convention: Act/360

Bond sold on 2nd July 2002

Calculate Accrued Interest and Dirty price.

Bond details for below date

Issue Date : 15st July 2004

Par: $1,400

Coupon interest:5% ( Quarterly payment)

Day Count Convention: 30/360

Bond sold on 2nd May 2008

Calculate Accrued Interest and Dirty price..

 Co.A issued bonds on 1st Jan 2008 for 10 year maturity

Par : $1500

Coupon interest: 3% Annually

Day Count Convention :Act/365

Mr.X bought 20 bonds on 1st Feb 2008.

Then sold 10 bonds to Ms.Y on 16th Aug 2010 for $1300

Then sold 5 bonds to Mr.Z on 18th Feb 2016.

Calculate the Accrued Interest and Dirty price..

Answer 1

we will solve in EXCEL