Business
Business, 19.03.2021 06:10, george27212

You purchase a bond with an invoice price of $1,053. The bond has a coupon rate of 5.72 percent, it makes semiannual payments, and there are 4 months to the next coupon payment. The par value is $1,000. What is the clean price of the bond

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You purchase a bond with an invoice price of $1,053. The bond has a coupon rate of 5.72 percent, it...

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