If the next coupon payment is due in five months what is, Financial Management

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If the next coupon payment is due in five months what is

You purchase a bond with a coupon rate of 7.6 percent, semiannual coupons, and a clean price of $910.

Required:

If the next coupon payment is due in five months, what is the invoice price? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Invoice price $

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Financial Management: If the next coupon payment is due in five months what is

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Financial Management: If the next coupon payment is due in five months what is

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