24 Accrued Interest You purchase an Asian Paints Ltd bond on the Bombay Stock Exchange with an...
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24 Accrued Interest You purchase an Asian Paints Ltd bond on the Bombay Stock Exchange with an invoice price of R9,342. The bond has a coupon rate of 6.45 per cent, and there are five months to the next semiannual coupon date. What is the clean price of the bond?
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