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A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 1 1 0 % of
A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of of its $ par value. If the last interest payment was made days ago, and this interest period has days, and the coupon rate is what is the invoice price of the bond? Enter your answer to to decimal places.
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