Semiannual payments and there are 2 months to the next


Question - Purchased a bond invoice price = $1,065.

Coupon rate = 5.81%

Semiannual payments, and there are 2 months to the next coupon payment.

Par value = $1,000.

What is the clean price of the bond?

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Accounting Basics: Semiannual payments and there are 2 months to the next
Reference No:- TGS02790881

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