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QUESTION 11 A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask rice of 110% of its,

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QUESTION 11 A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask rice of 110% of its, $1,000 par value, If the last interest payment was made 2 months ago and the months ago and the Boopon at ' s 8(t, he nwoirerpraid of the Bons wilirsest oupon rate is 6%, the invoice price of the bond will be

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