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You want to buy a bond that has a listed (clean) price of $ 1053. The coupon rate is 6% and coupon is paid semiannually.

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You want to buy a bond that has a listed (clean) price of $ 1053. The coupon rate is 6% and coupon is paid semiannually. There are 4 months left to the next payment date. a) what is the coupon yield? b) How much should you actually pay for this bond if you decide to buy it? In other words, what is its invoice price? Clean Price Coupon rate Payments per year Time to the next pay Face Value $1,053 6% 2 4 months $1,000.00 Score a) what is the coupon yield? Annual Coupon Coupon yield O b) How much should you actually pay for this bond if you decide to buy it? Time expired since last payment Accrued interest Price to pay

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