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A bond has a semiannual coupon rate of 8 percent and there are 5 months to the next coupon payment. The bond's par value is

A bond has a semiannual coupon rate of 8 percent and there are 5 months to the next coupon payment. The bond's par value is $1,000, and its clean price is $989. What is the bond's invoice price? Don't round steps. 2 decimal answer.

Invoice price = $ _

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