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15 You purchase a bond with an invoice price of $1,070. The bond has a coupon rate of 7 percent, and there are 2 months

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15 You purchase a bond with an invoice price of $1,070. The bond has a coupon rate of 7 percent, and there are 2 months to the next semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000. 4 points Skipped Multiple Choice $1,026.67 eBook References $1,057.67 $1,038.33 $1,046.67 $1,023.43

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