Accrued interest you purchase a bond with an invoice price


Accrued Interest You purchase a bond with an invoice price of $850. 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: Accrued interest you purchase a bond with an invoice price
Reference No:- TGS02215934

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