FNB 215: FUTURES AND OPTIONS CHAPTER 6 1. Which of following is applicable to corporate bonds in the United States (circle one) (a) Actual/360 (b)

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Chapter 6Ans 1. (c) Ans2.There is semiannual coupon payment.Coupon amount = 6 Next coupon date = Oct 1 So, on May 1, to find the cash price, we would deduct the coupon amount portion for April...