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Yesterday, you purchased a $10,000 face value, 6.48% semi-annual coupon bond for $11,215. The bond was purchased two months after its last interest payment date.
Yesterday, you purchased a $10,000 face value, 6.48% semi-annual coupon bond for $11,215. The bond was purchased two months after its last interest payment date. Calculate the bonds clean price (nearest dollar with no commas and dollar sign, e.g. 60389).
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