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You purchase a bond with an invoice price of $1,031. The bond has a coupon rate of 6.6 percent, it makes semiannual payments, and
You purchase a bond with an invoice price of $1,031. The bond has a coupon rate of 6.6 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. The par value is $1,000. What is the clean price of the bond? Round to the nearest dollar. Do not include a comma in the answer.
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