What is the invoice price invoice price of the bond if the


A government bond pays a semiannual coupon at 8% and makes payments on January 7 and July 7 of each year. The WSJ reports an ask price for this bond on January 22 of $ 1003,125. What is the invoice price (invoice Price) of the bond if the period between coupon and coupon is 182 days?

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Financial Management: What is the invoice price invoice price of the bond if the
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