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A bond with a 12% annual coupon, payable semiannually. You paid $1,080 for this bond (dirty/ invoice). On the day you buy it, the next
- A bond with a 12% annual coupon, payable semiannually. You paid $1,080 for this bond (dirty/ invoice). On the day you buy it, the next coupon is due in four months. Whats the Clean price? (show work)
- $1,080
- $1,325
- $2,160
- $1,060
- $1,020
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Essentials Of Real Estate Finance
Authors: Doris Barrell
15th Edition
1475462077, 978-1475462074
