114. You purchase a bond with a coupon rate of 8.13 percent

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114. You purchase a bond with a coupon rate of 8.13 percent

 

114. You purchase a bond with a coupon rate of 8.13 percent, semiannual coupons, and a clean price of $998.40. If the next coupon payment is due in two months, what is the invoice price? 
 
A. $1,018.90
B. $1,019.36
C. $1,001.60
D. $1,027.67
E. $1,004.33
 

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114. You purchase a bond with a coupon rate of 8.13 percent

Best 114. You purchase a bond with a coupon rate of 8.13 percent
114. You purchase a bond with a coupon rate of 8.13 percent

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