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Accrued Interest A bond has a flat price of $1,040.10 and an annual coupon of $90.00. 120 days have passed since the last coupon payment
Accrued Interest A bond has a flat price of $1,040.10 and an annual coupon of $90.00. 120 days have passed since the last coupon payment and there are 182 days separating the coupon payments. What is the bond's invoice price? Multiple Choice $1,060.65 $1,069.77 $1,066.72 $1,040.10
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