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Business, 26.02.2020 17:35 emma3216

You purchase a bond with an invoice price of $1,145. The bond has a coupon rate of 10.9 percent, semiannual coupons, a $1,000 par value, and there are four months to the next coupon date. What is the clean price of the bond?

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You purchase a bond with an invoice price of $1,145. The bond has a coupon rate of 10.9 percent, sem...
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