A bond with a coupon rate of 8 makes semiannual coupon


A bond with a coupon rate of 8% makes semiannual coupon payments on January 15 and July 15 of each year. The ask price for the bond on January 30 is at 100:08. What is the Invoice Price of the bond? The coupon period has 182 days.

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Financial Management: A bond with a coupon rate of 8 makes semiannual coupon
Reference No:- TGS01406945

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