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Required: Suppose that today's date is April 1 5 . A bond with a 9 % coupon paid semiannually every January 1 5 and July
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Suppose that today's date is April A bond with a coupon paid semiannually every January and July is quoted as selling at an ask price of If you buy the bond from a dealer today, what price will you pay for itDo not round intermediate calculations. Round your answer to decimal places.
Invoice price
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