dylan516
dylan516
05.11.2020 • 
Business

A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 126% of its $1,000 par value. If the last interest payment was made 3 months ago and the coupon rate is 6.90%, the invoice price of the bond will be .

Solved
Show answers

Ask an AI advisor a question