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You become the owner of a bond with twenty years to maturity and has a $1,000.00 par value. The bond has a yield-to-maturity of 9.00%

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You become the owner of a bond with twenty years to maturity and has a $1,000.00 par value. The bond has a yield-to-maturity of 9.00% and a coupon rate of 9.50%. It has been 92 days since the last coupon payment There are 90 days remaining until the next coupon payment. The bond's clean ask price is $104.6004 and its clean bid price is $104.2866. Approximately how much did you have to pay for the bond? Multiple Choice $1069.49

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