Question: Question 4 (of 10) value: 1.00 points Problem 8-22 Accrued Interest You purchase a bond with an invoice price of $1.022. The bond has a

Question 4 (of 10) value: 1.00 points Problem 8-22 Accrued Interest You purchase a bond with an invoice price of $1.022. The bond has a coupon rate of 6.9 percent, and there are 4 months to the next semiannual coupon date. Assume a par value of $1,000. What is the clean price of the bond? (Do not found intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Clean price References eBook & Resources Worksheet Difficulty: 2 Intermediate Problem 8-22 Accrued Interest Section: 8.3 Bond Markets

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