Accrued interest a bond has a flat price of 104260 and an


Question

Accrued Interest A bond has a flat price of $1,042.60 and an annual coupon of $88.00. 150 days have passed since the last coupon payment and there are 178 days separating the coupon payments. What is the bond's invoice price?

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Financial Management: Accrued interest a bond has a flat price of 104260 and an
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