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Posted on Oct 03, 2024

If today's date is June 28, and you purchased a 6.6% coupon bond that pays interest semiannually with a quoted price of $925.84 that matures

If today's date is June 28, and you purchased a 6.6% coupon bond that pays interest semiannually with a quoted price of $925.84 that matures on October 15, 2040, how much would you actually pay for it? (In other words, what is its invoice price?)

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