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QUESTION 11 A coupon bond that pays interest quarterly is reported in the Wall Street Journal as having an ask price of 90% of its

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QUESTION 11 "A coupon bond that pays interest quarterly is reported in the Wall Street Journal as having an ask price of 90% of its $1000 par value. If the last interest payment was made 2 months ago and the coupon rate is 7%, the invoice price of the bond will be

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