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Question: You purchased a bond with an annual coupon rate of 7.8 percent on April 30, 2022. The coupon is paid once a year on
Question: You purchased a bond with an annual coupon rate of 7.8 percent on April 30, 2022. The coupon is paid once a year on December 31. If the flat price of the bond is 902.5, what is the accrued interest and the invoice price of the bond?
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