You purchase a bond with an invoice price the price you actually paid, including...
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Finance
You purchase a bond with an invoice price the price you actually paid, including payment to holder of the bond -- of $1,050. The bond has a coupon rate of 5.00 percent, a face value of $1,000, and there are three months between now to the next semiannual coupon date. What is the clean price of this bond?
Group of answer choices
$1,015.5
$1,037.5
$1,050.5
$1,023.5
$1,041.5
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