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You purchase a $24,000 7.75% September 24, 2047 semi-annual corporate bond at 130.85. The bond settles on February 19, 2017. What is the invoice price
You purchase a $24,000 7.75% September 24, 2047 semi-annual corporate bond at 130.85. The bond settles on February 19, 2017. What is the invoice price of the bond? (rounded $ to two places after the decimal)
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