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A bond has a coupon rate of 6% paid semiannually. The last coupon was paid 1 month back. If the quote price of the bond
A bond has a coupon rate of 6% paid semiannually. The last coupon was paid 1 month back. If the quote price of the bond is 95.7, what is the invoice price of the bond? A. 952 B. 962 C. 98.2 D. 96.2 E. 982
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