You purchase a bond with an invoice price of 1043 what is


You purchase a bond with an invoice price of $1043. The bond has a coupon rate of 5.7%, semi annual coupons, a $1000 par value, and there are five months to the next coupon date. What is the clean price of the bond?

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Financial Management: You purchase a bond with an invoice price of 1043 what is
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