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A coupon bond paying semiannual interest is reported as having an ask price of 99% of its $1,000 par value. If the last interest payment
A coupon bond paying semiannual interest is reported as having an ask price of 99% of its $1,000 par value. If the last interest payment was made 60 days ago and the coupon rate is 5%, what is the invoice price of the bond? Assume there are 182 days between coupon payments. Round your answer to two decimal places, and enter it without a dollar sign.
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