Asked by jane
You purchase a bond with an invoice price of $968. The
bond has a coupon rate of 7.4 percent, and there are four months to the next
semiannual coupon date. What is the clean price of the bond
bond has a coupon rate of 7.4 percent, and there are four months to the next
semiannual coupon date. What is the clean price of the bond
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Answered by
jane
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