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You purchase a bond with an invoice price of $1,230. The bond has a coupon rate of 5.4 percent, and there are 2 months to
You purchase a bond with an invoice price of $1,230. The bond has a coupon rate of 5.4 percent, and there are 2 months to the next semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000
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Financial Times Guide To The Financial Markets
Authors: Glen Arnold
1st Edition
0273730002, 978-0273730002
