Business
Business, 06.03.2020 16:46, oksanabkrot

A coupon bond paying semiannual interest is reported as having an ask price of 117% of its $1,000 par value. If the last interest payment was made one month ago and the coupon rate is 6%, what is the invoice price of the bond

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A coupon bond paying semiannual interest is reported as having an ask price of 117% of its $1,000 pa...

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