Mathematics, 12.03.2020 18:31 Jayla1029
A government bond with a coupon rate of 9% makes semiannual coupon payments on January 9 and July 9 of each year. The Wall Street Journal reports the asked price for the bond on January 24 at $1,002.500. What is the invoice price of the bond? The coupon period has 182 days. (Round your answer to 2 decimal places.)
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A government bond with a coupon rate of 9% makes semiannual coupon payments on January 9 and July 9...
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