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Clean Price of the Bond Assignment | Homework For You

Author:
June 2nd, 2020
you purchase a bond with an invoice price of $997. the bond has a coupon rate of 5.3 percent, it makes semiannual payments, and there are 2 months to the next coupon payment. the par value is $1000. what is the clean price of the bond?Get Finance homework help todayHomework For You

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