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RData
fetching public data with R, mainly in finance descipline.
When YTM Equals Coupon Rate, Is the Price Always Equals Par Value?
Clean price is not exactly equal to the par value despite the fact that discount rate is equal coupon rate. This is because accrued interest is calculated on a simple interest basis but price on a compound interest basis.
Computation for Bond 100303
FixedRateBondYield
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