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You own a 6% semiannual coupon bond that paid the last coupon on March 31, The face value of the bond equals $1000. Exactly 28
You own a 6% semiannual coupon bond that paid the last coupon on March 31, The face value of the bond equals $1000. Exactly 28 days after this last payment, you decide to sell this bond. If the quoted price equals $990, which is the invoice price of this bond
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