Question: S 0 7 - 2 3 Accrued Interest [ LO 2 ] You purchase a bond with an invoice price of $ 1 , 0

S07-23 Accrued Interest [LO2]
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 percent, and there are two months to the next semiannual coupon date.
What is the clean price of the bond?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
Clean price
S07-23 Accrued Interest [LO2] You purchase a bond with an invoice

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