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You are planning to buy a bond that is currently selling in the market for $ 1 , 0 1 1 This bond has a
You are planning to buy a bond that is currently selling in the market for $ This bond has a coupon rate of and pays coupon semi annually. Coupon payments are received on January st and July st of each year. Assume that today is May st What is the invoice price of this bond today?
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