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You want to invest in a semi-annual coupon bond to diversify away from your stock...

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Finance

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You want to invest in a semi-annual coupon bond to diversify away from your stock holdings.. You check the WSJ where the bond is reported as having an ask price of 1,075 (par value is 1,000). If the last interest payment was made 72 days ago and the coupon rate is 6%, the invoice price of the bond will be: (assume 360 days in a year) 1087 1090 1077.5 1082.5

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