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Investment Practice Question 2 A bond with a coupon rate of 7% makes semiannual coupon payments on January 15 and July 15 of each year.

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Investment
Practice Question 2 A bond with a coupon rate of 7% makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Street Journal reports the asked price for the bond on January 30 at 100:02. What is the invoice price of the bond? The coupon period has 182 days. Question 3

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