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Your name Tabaldo, Royal Isaiah 13 14 15 16 17 18 19 Invoice Price Face Value 2 Coupon Rate Payment Frequency Time until the next

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Your name Tabaldo, Royal Isaiah 13 14 15 16 17 18 19 Invoice Price Face Value 2 Coupon Rate Payment Frequency Time until the next payment $1,020 $1,000 6.00% 1 3 months 20 21 22 23 What is the clean price of the bond? Single Coupon Payment Accrued Interest 24 25 26 27 Clean Price 28 2 What is the logic (reasoning) behind the "dirty" price? Answer: 29 30 31 32 33 34 35 36 37 38 3

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