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You purchase a bond with a coupon rate of 9 percent and a clean price of $875. If the next semiannual coupon payment is
You purchase a bond with a coupon rate of 9 percent and a clean price of $875. If the next semiannual coupon payment is due in two months, what is the invc price? (Do not round intermediate calculations and round your final answer t decimal places, e.g., 32.16.) Invoice price
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