You purchase a bond with a invoice price of 1090 the bond


You purchase a bond with a invoice price of 1090. The bond has a coupon rate of 8.6% paid semi-annually. There is five months left for the next coupon payment. What is the clean Price of the bond?

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Finance Basics: You purchase a bond with a invoice price of 1090 the bond
Reference No:- TGS02221971

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