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Business, 21.01.2020 03:31 s9227575

You purchase a bond with an invoice price of $948. the bond has a coupon rate of 5.9 percent, and there are four months to the next semiannual coupon date. assume a par value of $1,000. what is the clean price of the bond? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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