Question: Accrued Interest You purchase a bond with an invoice price of $1,140. The bond has a coupon rate of 7.2 percent, and there are fi

Accrued Interest You purchase a bond with an invoice price of $1,140. The bond has a coupon rate of 7.2 percent, and there are fi ve months to the next semiannual coupon date. What is the clean price of the bond?

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