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A 5% coupon bond is priced at 125. A semi-annual coupon payment was made 1 month ago. Assume 30 days in the month and 364
A 5% coupon bond is priced at 125. A semi-annual coupon payment was made 1 month ago. Assume 30 days in the month and 364 days in the year. What is the invoice price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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