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You purchase a bond with an invoice price of $905. The bond has a coupon rate of 7.9 percent, and there are 5 months to
You purchase a bond with an invoice price of $905. The bond has a coupon rate of 7.9 percent, and there are 5 months to the next semiannual coupon date. The clean price of the bond is $ . (Do not include the dollar sign ($). Round your answer to 2 decimal places. (eg., 32.16))
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