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The next interest payment will be paid 4 months from today

LIAS Inc. bonds have a face value of $1000, mature in 17 years, pay interest semiannually, and have a coupon rate of 6.35 percent. The next interest payment will be paid 4 months from today. What is the clean price of this bond if the market rate of return is 6.5 percent?

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Finance Basics: The next interest payment will be paid 4 months from today

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Finance Basics: The next interest payment will be paid 4 months from today

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