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Business, 02.07.2019 20:30 martdrea13

Abond with a coupon rate of 7% makes semiannual coupon payments on january 15 and july 15 of each year. the wall street journal reports the ask price for the bond on january 30 at 100: 125. what is the invoice price of the bond? the coupon period has 182 days. (do not round intermediate calculations. round your answer to 2 decimal places.)

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