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You purchase a bond with an invoice price of $1,245. The bond has a coupon rate of 4.0 percent, semiannual coupons, and there are two

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You purchase a bond with an invoice price of $1,245. The bond has a coupon rate of 4.0 percent, semiannual coupons, and there are two months to the next coupon date. Required: What is the clean price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g. 32.16).) Clean price

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