Question: 2 3 - Accrued Interest ( 1 5 points ) You purchase a bond with an invoice price of $ 1 , 0 5 3

23- Accrued Interest (15 points) You purchase a bond with an invoice price of $1,053 and a par value of $1,000. The bond has a coupon rate of 5.3% and there are four months to the next semiannual coupon date. What is the clean price of the bond?

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