Government bond with a coupon rate of 6 makes semiannual, Financial Management

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Government bond with a coupon rate of 6 makes semiannual

A government bond with a coupon rate of 6% makes semiannual coupon payments on January 13 and July 13 of each year The Wall Street Journal reports the asked price for the bond on January 28 at 100:13. What is the invoice price of the bond? The coupon period has 182 days. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

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Financial Management: Government bond with a coupon rate of 6 makes semiannual

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Financial Management: Government bond with a coupon rate of 6 makes semiannual

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