A Treasury bond (par=$ 1,000) with a coupon rate of 3.2% makes semiannual interest payments....
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A Treasury bond (par=$ 1,000) with a coupon rate of 3.2% makes semiannual interest payments. The Wall Street Journal reports the asked price for the bond on February 21st at 101.45. If the next coupon payment is due in four months, what is the invoice price of the bond on February 21st?
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