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A bond is quoted at a clean price of $941.44 and has a face value of $1000. The bond has an annual coupon rate of
A bond is quoted at a clean price of $941.44 and has a face value of $1000. The bond has an annual coupon rate of 1.00%. It pays coupons semi-annually (every 182.5 days) and its last coupon payment was 88 days ago. If you bought the bond today, what is the total price that you would expect to pay
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Foundations In Personal Finance
Authors: Dave Ramsey
1st Edition
0981683967, 978-0981683966
