Accrued interest-what is the bonds invoice


Accrued Interest A bond has a flat price of $1,050.10 and an annual coupon of $73.00. 65 days have passed since the last coupon payment and there are 181 days separating the coupon payments. What is the bond's invoice price?

a) $1,060.16

b) $1,054.09

c) $1,050.10

d) $1,063.21

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Financial Management: Accrued interest-what is the bonds invoice
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