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5 Points: 1 You purchase a bond with a clean price of $1,004.70 and a coupon rate of 3.5%. What is the invoice price of
5 Points: 1 You purchase a bond with a clean price of $1,004.70 and a coupon rate of 3.5%. What is the invoice price of the bond if there is two months to the next annual coupon date? A $1,016.37 B $1,033.87 $1,039.70 D $1,047.45 4 Points: 1 You are buying a condo in Oakville for $1.55 million, and are paying $675,000 down in cash. Today, you are financing the balance with a 25 year loan with monthly payments. If this loan has an annual percentage rate of 7.32 percent, what is the approximate amount of each loan payment? A $6,000 B $6,364 $7,058 D $10,910
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