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Show your work, including the calculator keystrokes if applicable. A $1,000 12% corporate bond matures on August 13, 2033. You bought the bond to settle
Show your work, including the calculator keystrokes if applicable.
A $1,000 12% corporate bond matures on August 13, 2033. You bought the bond to settle on March 10, 2021 at 101.462. Please, find the invoice price you paid for the bond on the settlement day. Express your answer in dollars and cents, but omit the $ sign
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