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82.A coupon bond pays semi-annual interest is reported as having an ask price of 117% of its $100 par value. If the last interest payment
82.A coupon bond pays semi-annual interest is reported as having an ask price of 117% of its $100 par value. If the last interest payment was made 2 months ago and the coupon rate is 6%, the invoice price of the bond will be
a.$114
b.$120
c.$117
d.$118
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