Business, 10.11.2019 06:31 etwerner23

Acoupon bond paying semiannual interest is reported as having an ask price of 114% of its $1,000 par value. if the last interest payment was made one month ago and the coupon rate is 7%, what is the invoice price of the bond? assume that the month has 30 days. (do not round intermediate calculations. round your answer to 2 decimal places.)

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Acoupon bond paying semiannual interest is reported as having an ask price of 114% of its $1,000 par...

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