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You purchase a bond with an invoice price ( i.e. dirty price) of $906 (Par value is $1,000). The bond has a coupon rate of

You purchase a bond with an invoice price ( i.e. dirty price) of $906 (Par value is $1,000). The bond has a coupon rate of 6.7 percent, and there are 2 months to the next semiannual coupon date. What is the clean price of the bond?

a. 883.67

b. 928.33

c. 865.77

d. 979.77

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