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What is the invoice price of the bond

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Reference no: EM131688165

A coupon bond paying semi-annual interest is reported as having an ask price of 117 % of its $ 1,000 par value. If the last interest payment was made one month ago and the coupon rate is 6%, what is the invoice price of the bond? 

1000(1.17)+30(2/12)=1175 where can find 2 and 12?

Reference no: EM131688165

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