Business, 26.10.2019 04:43 stina2021

Acoupon bond paying semiannual interest is reported as having an ask price of 119% of its $1,000 par value. if the last interest payment was made one month ago and the coupon rate is 5%, what is the invoice price of the bond? assume that the month has 30 days. (

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Acoupon bond paying semiannual interest is reported as having an ask price of 119% of its $1,000 par...