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You purchase a bond with an invoice price of $98. I the bond has a coupon rate of 521 percent, it makes semiannual payments, and
You purchase a bond with an invoice price of $98. I the bond has a coupon rate of 521 percent, it makes semiannual payments, and there are 4 inonths to the next coupon payment. The parvalue is $1000 what is the clean price of the bond? Multiple Choice $96763 $95495 599368 $97632 Stot105
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