Accrued interest you purchase a bond

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Accrued Interest You purchase a bond with an invoice price of $1,027. The bond has a coupon rate of 6.8 percent, and there are four months to the next semi- annual coupon date. What is the clean price of the bond?

Reference no: EM131117016

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Accrued interest you purchase a bond : 20. Accrued Interest You purchase a bond with an invoice price of $1,027. The bond has a coupon rate of 6.8 percent, and there are four months to the next semi- annual coupon date. What is the clean price of the bond?
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