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You purchase a bond with an invoice price of $901. The bond has a coupon rate of 5 percent, and there are 5 months to
You purchase a bond with an invoice price of $901. The bond has a coupon rate of 5 percent, and there are 5 months to the next semiannual coupon date. What is the clean price of the bond? Enter the answer with 2 decimals (e.g. 954.23)
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Corporate Treasury And Cash Management
Authors: Robert Cooper
1st Edition
1349512699, 9781349512690
