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Business, 03.08.2020 14:01 oofoofoof1

You purchase a bond with an invoice price of $1,410. The bond has a coupon rate of 6.8 percent, and there are 3 months to the next semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000.

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You purchase a bond with an invoice price of $1,410. The bond has a coupon rate of 6.8 percent, and...
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