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1. A bond with a coupon rate of 9% makes semiannual coupon payments on January 1st and July 1st of each year. The Wall Street

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1. A bond with a coupon rate of 9% makes semiannual coupon payments on January 1st and July 1st of each year. The Wall Street Journal reports the ask price for the bond on January 30 at 100.02% of par. What is the invoice price of the bond? The coupon period has 182 days. (27)

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