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Frank purchases a bond with an invoice price of $1,030. The bond has a coupon rate of 7.8 percent, and there are four months to

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Frank purchases a bond with an invoice price of $1,030. The bond has a coupon rate of 7.8 percent, and there are four months to the next semiannual coupon date and have a par value of $1,000. Compute the clean price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Clean price

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