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You purchase a bond with a coupon rate of 9.3 percent and a clean price of $945. If the next semiannual coupon payment is due
You purchase a bond with a coupon rate of 9.3 percent and a clean price of $945. If the next semiannual coupon payment is due in two months, what is the invoice price?
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
