Answer to Question #286116 in Other for Anjani

Question

 Calculate Accrued interest for the below trade that GS will receive.

Abengoa has issued a bond on 31/03/2011

Price- € 47.73; FV: € 50

Coupon- 4.5% SA

GS purchases 2,500 the same on 31st March 11 and sells it to MS on 25th June 2013.

DCC-ACT/365

Answer 1

Dear Anjani, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order