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    Chelsea26's Avatar
    Chelsea26 Posts: 3, Reputation: 1
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    #1

    Jun 10, 2009, 02:18 AM
    Bond Parcel Pricing
    Please could some one help with the correct formula to calculate the below bond parcel -

    I wish to calculate the purchase price of a 10 year government bond parcel with a yield rate of 8.95% paid 1/2 yearly coupon the rate is 7.5% and the bond parcel has 250 days till maturity Thank you
    Netball's Avatar
    Netball Posts: 3, Reputation: 1
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    #2

    Jun 18, 2009, 12:08 AM
    Hi, someone else was asking the same question and I answered it there.

    I think the answer is 101.349 which is the Present value of 100 + 8.95.

    I didn't find any reference to Bond Parcels in my notes either!!
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