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thank you for your help You purchase a bond with an invoice price - the price you actually paid, including payment to holder of the
thank you for your help
You purchase a bond with an invoice price - the price you actually paid, including payment to holder of the bond -- of $1,050. The bond has a coupon rate of 5.00 percent, a face value of $1,000, and there are three months between now to the next semiannual coupon date. What is the clean price of this bond? O $1,023.5 O $1,015.5 O $1,050.5 $1,037.5 O $1,041.5 Step by Step Solution
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