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Today, Egidius of Valdair is buying a $ 1 , 0 0 0 face value bond at an invoice price of $ 9 6 4

Today, Egidius of Valdair is buying a $1,000 face value bond at an invoice price of $964.94. The bond has a 8.7 percent coupon and pays interest quarterly. There are 8 weeks until the next coupon date. What is the clean price of this bond?

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