Calculating the actual price of the security in the Wall ...
Apply the concepts of chapter 18 to a note that is between coupon dates. ... A = Number of days from the beginning of the coupon period to the settlement date (today) E = Number of days in coupon period in which the settlement date falls. ... Last Coupon Date. Macaulay Duration = Semi-annual periods. t is semi-annual periods # Used the 6 month ... ................
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