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The bond has a coupon rate of 5.75 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. A clean

The bond has a coupon rate of 5.75 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. A clean price of $941 and the par value is $1,000. What is the invoice price?

Multiple Choice

$921.83
$931.42
$969.75
$950.58
$912.25

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