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00. You purchase a bond with a coupon rate of 9 percent and a clean price of $940. Assume a par value of $1,000. 10
00. You purchase a bond with a coupon rate of 9 percent and a clean price of $940. Assume a par value of $1,000. 10 points If the next semiannual coupon payment is due in two months, what is the invoice price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Invoice price i eBook Print References
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