A bond has an annual coupon of 41%, which makes semiannual payments. The next payment...
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Finance
A bond has an annual coupon of 41%, which makes semiannual payments. The next payment is 4 months away. The bonds quoted price is 107.1 with par of $1000, what is the bond's clean price?
(Please use at least 5 decimal places and do not use $ symbol in the answer)
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