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Hie ..
What does it mean to say
ex interest market price of the bonds is $103.50It means that bonds with a nominal value of $100 are trading on the stock exchange at a price of $103.50, and that interest has just been paid.
This is all explained in my free lectures. The lectures are a complete free course for Paper FM and cover everything needed to be able to pass the exam well.
Thank you ? ..
I have listened to all your videos
it’s just that with the pressure of the exam preparation I tend to forget.
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