You purchase a bond with an invoice price of $1,190. The bond has a coupon rate...

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You purchase a bond with an invoice price of $1,190. The bond has a coupon rate of 8.6 percent, and there are 5 months to the next semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000. You purchase a bond with an invoice price of $1,190. The bond has a coupon rate of 8.6 percent, and there are 5 months to the next semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000.