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What is the clean price of the bond

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Question: Accrued Interest. You purchase a bond with an invoice price of $1,043. The bond has a coupon rate of 5.7 percent, semiannual coupons, a $1,000 par value, and there are 5 months to the next coupon date. What is the clean price of the bond?

Reference no: EM131731074

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