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Given the following information, what would be the invoice price of the bond? A bond has standard face value, 6 years to maturity, with a
Given the following information, what would be the invoice price of the bond? A bond has standard face value, 6 years to maturity, with a coupon rate of 11.7%, and a current YTM of 5.6%. The bond last paid interest 3 months ago. Answer as dollars and cents
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