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You purchase a bond with an invoice price of $1,220. The bond has a coupon rate of 9.4 percent, and there are 5 months to

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You purchase a bond with an invoice price of $1,220. The bond has a coupon rate of 9.4 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. Multiple Choice $1,204.43 $1,121.67 $1,223.17 $1,212.17

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