Show me how to do on a financial calculator if possible You purchase...
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Show me how to do on a financial calculator if possible
You purchase a bond with an invoice price of $948. The bond has a coupon rate of 5.9 percent, and there are four months to the next semiannual coupon date. Assume a par value of $1,000. What is the clean price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Clean price
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