What is the clean price of the bond

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Reference no: EM131601509

You purchase a bond with an invoice price of $1042. The bond has a coupon rate of 9 percent, and there are 4 months to the next semiannual coupon date. What is the clean price of the bond? Enter the answer with 2 decimals (e.g. 954.23).

Reference no: EM131601509

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