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You purchase a bond with a coupon rate of 9.1 percent and a clean price of $1,020. 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 $1,020. If the next semiannual coupon payment is due in two months, what is the invoice price? Assume a par value of $1,000. Multiple Choice $1,050.33 $1,014.33 0 $1,044.67 $1,095.48
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