What is the invoice price of the bond the coupon period has


A government bond with a coupon rate of 9% makes semiannual coupon payments on January 8 and July 8 of each year. The Wall Street Journal reports the asked price for the bond on January 23 at 100:9. What is the invoice price of the bond? The coupon period has 182 days.

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Financial Management: What is the invoice price of the bond the coupon period has
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