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You purchase a bond with a coupon rate of 5.5 percent, a par value $1,000, and a clean price of $865. Assume a par value
You purchase a bond with a coupon rate of 5.5 percent, a par value $1,000, and a clean price of $865. Assume a par value of $1,000. If the next semiannual coupon payment is due in two months, what is the invoice price?
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Handbook Of Modeling High Frequency Data In Finance
Authors: Frederi G. Viens, Maria Cristina Mariani, Ionut Florescu
1st Edition
