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- We have a bond with a coupon rate of 12% paid annually, 4 years to maturity, a par value of $1,000, and the yield

- We have a bond with a coupon rate of 12% paid annually, 4 years to maturity, a par value of $1,000, and the yield to maturity of 15%. If the last interest payment was made 3 months ago, figure out the invoice price of the bond

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