Business, 12.03.2020 02:09 quintinjerome

A government bond with a coupon rate of 6% makes semiannual coupon payments on January 14 and July 14 of each year. The Wall Street Journal reports the asked price for the bond on January 29 at $1,000.9375. What is the invoice price of the bond? The coupon period has 182 days.

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A government bond with a coupon rate of 6% makes semiannual coupon payments on January 14 and July 1...