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A(n) 17-year bond has a coupon of 6% and is priced to yield 9%. Calculate...

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Finance

A(n) 17-year bond has a coupon of 6% and is priced to yield 9%. Calculate the price per $1,000 par value using semi-annual compounding. If an investor purchases this bond two months before a scheduled coupon payment, how much accrued interest must be paid to the seller?

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