You purchase a bond with an invoice price of $1,130. The bond has a coupon rate of 4.6 percent, and there are 4 months to the next semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000. Multiple Choice O $1,094.67 $1.079.33 $1133.33

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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You purchase a bond with an invoice price of $1,130. The bond has a coupon rate of 4.6
percent, and there are 4 months to the next semiannual coupon date. What is the clean
price of the bond? Assume a par value of $1,000.
Multiple Choice
$1,094 67
$1.079.33
$1,133.33
$1,114.77
Transcribed Image Text:You purchase a bond with an invoice price of $1,130. The bond has a coupon rate of 4.6 percent, and there are 4 months to the next semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000. Multiple Choice $1,094 67 $1.079.33 $1,133.33 $1,114.77
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