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You purchase a bond with an invoice price of $1,120. The bond has a coupon rate of 8.5 percent, semiannual coupons, and there are four
You purchase a bond with an invoice price of $1,120. The bond has a coupon rate of 8.5 percent, semiannual coupons, and there are four months to the next coupon date. What is the clean price of the bond?
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New Venture Creation A Framework For Entrepreneurial Start-ups
Authors: Paul Burns
2nd Edition
1352000504, 978-1352000504
