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You purchase a bond with a coupon rate of 71 percent and a clean price of $1,100. If the next semiannual coupon payment is due

You purchase a bond with a coupon rate of 71 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 $1,105.92 $1,069.92 $1,155.51 $1,075.83

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