What is the clean price of this bond if the market rate of


Atlas bonds have a face value of $1,000, mature in 6 years, pay interest semiannually, and have a coupon rate of 4.5 percent. The next interest payment will be paid two months from today. What is the clean price of this bond if the market rate of return is 5.1 percent?

$954.32

$984.32

$971.08

$986.08

$969.32

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Financial Management: What is the clean price of this bond if the market rate of
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