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You purchase a bond with a par value of $1,000, a coupon rate of 6.9 percent, and a clean price of $905. If the next
You purchase a bond with a par value of $1,000, a coupon rate of 6.9 percent, and a clean price of $905. If the next semiannual coupon payment is due in two months, what is the invoice price?
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AS Accounting For AQA
Authors: David Cox,Michael Fardon
2nd Edition
1905777140, 978-1905777143
