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You purchase a bond with an invoice price of $1,020. The bond has a coupon rate of 6.3 percent, and there are four months to
| You purchase a bond with an invoice price of $1,020. The bond has a coupon rate of 6.3 percent, and there are four months to the next semiannual coupon date. |
| What is the clean price of the bond? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
| Clean price | $ |
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