A coupon bond paying semiannual interest is reported as
A coupon bond paying semiannual interest is reported as having an ask price of 119% of its $1,000 par value. If the last interest payment was made one month ago and the coupon rate is 5%, what is the invoice price of the bond? Show Work
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a coupon bond paying semiannual interest is reported as having an ask price of 119 of its 1000 par value if the last
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