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You purchase a $23,000 Jet Blue 12.625% bond maturing August 14, 2035. The bond is priced to yield 10.000% and settles October 26, 2017. The
You purchase a $23,000 Jet Blue 12.625% bond maturing August 14, 2035. The bond is priced to yield 10.000% and settles October 26, 2017.
The base price of the bond is $___?___
Accrued Interest adds ___?___
The invoice price is thus $___?___
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