Assume the bond's invoice ("clean") price is $1.165.56, the bond has the coupon rate of...
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Assume the bond's invoice ("clean") price is $1.165.56, the bond has the coupon rate of 9.6% and that the coupons are paid semiannually. Further assume that the bond has the face value of $1,000. What is the bond's quoted ("clean") price if the last coupon payment took place five months ago? $1,119.56 $1,205.56 $1,125.56 We do not have sufficient information to answer this
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