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Business, 24.12.2020 16:10 genyjoannerubiera

A coupon bond paying semiannual interest is reported as having an ask price of 122% 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

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A coupon bond paying semiannual interest is reported as having an ask price of 122% of its $1,000 pa...

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