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You purchase a bond with a coupon rate of 7 . 6 percent and a clean price of $ 1 , 1 0 0 .

You purchase a bond with a coupon rate of 7.6 percent and a clean price of $1,100. If the next semiannual coupon payment is due in five months, what is the invoice price? Assume a par value of $1,000.
Multiple Choice
$1,155.96
$1,070.33
$1,076.67
$1,106.33

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