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You purchase a bond with an invoice price of $1,130. The bond has a coupon...

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Finance

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You purchase a bond with an invoice price of $1,130. The bond has a coupon rate of 4.8 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. Multiple Choice $1,106.10 $1,086.00 $1,118.00 $1,129,00 $1,098.00

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