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You purchase a bond with a coupon rate of 7 percent and a clean price of $1,090. If the next semiannual coupon payment is due

You purchase a bond with a coupon rate of 7 percent and a clean price of $1,090. If the next semiannual coupon payment is due in three months, what is the invoice price? Assume a par value of $1,000. Multiple Choice es $1,071.50 $1.089.00 $1,107.50

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