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Question 24 (1 point) You purchase a bond with an invoice price of $986.32. The bond has a coupon rate of 7.00%, and there
Question 24 (1 point) You purchase a bond with an invoice price of $986.32. The bond has a coupon rate of 7.00%, and there are 4 months to the next semiannual coupon date. What is the clean price of the bond? a) $978.14 b) $980.55 c) $976.82 d) $981.83 e) $974.65
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