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The bond has a coupon rate of 5.51 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. A clean
The bond has a coupon rate of 5.51 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. A clean $917 and the par value is $1,000. What is the invoice price?
Musple Chuice. sutss m 45 5206+ smetes A) $944.55
B) $889.45
C) $926.18
D) $898.63
E) $907.82
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