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Assume the bonds invoice (dirty) price is $1,156.42, the bond has the coupon rate of 4.8% and that the coupons are paid semiannually. Further assume
Assume the bonds invoice (dirty) price is $1,156.42, the bond has the coupon rate of 4.8% and that the coupons are paid semiannually. Further assume that the bond has the face value of $1,000. What is the bonds quoted (clean) price if the last coupon payment took place four months ago?
A.) $1,144.42
B.) $1,140.42
C.) $1,136.42
D.) $1,172.42
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