You purchase a bond with an invoice price of 1210 the bond


You purchase a bond with an invoice price of $1,210. The bond has a coupon rate of 7.6 percent, and there are 2 months to the next semiannual coupon date. What is the clean price of the bond?

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Finance Basics: You purchase a bond with an invoice price of 1210 the bond
Reference No:- TGS0633008

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