题目
Austin Traynor is considering buying a $1,000 face value, semi-annual coupon bond with a quoted price of 104.75 and accrued interest since the last coupon of $33.50. If Bob pays the dirty price, how much will the seller receive at the settlement date?
选项
A.$1,014.00
B.$1,033.50
C.$1,047.50
D.$1,081.00
答案
D
解析
The dirty price isequal to the agreed upon, or quoted price, plus interest accrued from the lastcoupon date. Here, the quoted price is 1,000 × 104.75%, or 1,000 × 1.0475 = 1,047.50.Thus, the dirty price = 1,047.50 33.50 = 1,081.00.全价=净价 应计利息=1000×1.0475 33.50 = 1081.00。