A coupon bond paying semiannual interest is reported as


A coupon bond paying semiannual interest is reported as having an ask price of 126% of its $1,000 par value. If the last interest payment was made one month ago and the coupon rate is 6%, what is the invoice price of the bond?

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Finance Basics: A coupon bond paying semiannual interest is reported as
Reference No:- TGS0618879

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