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You purchase a bond with a coupon rate of 9.1 percent and a clean price of $1,030. If the next semiannual coupon payment is due
You purchase a bond with a coupon rate of 9.1 percent and a clean price of $1,030. If the next semiannual coupon payment is due in four months, what is the invoice price? Assume a par value of $1,000. Multiple Choice $1,045.17 $1,089.90 $1,024.33 $1,009.17
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