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A bond has a bid-ask (110.4 -110.6) and an annual coupon rate of 6 percent (semi-annual payments). What was the invoice price of the bond
A bond has a bid-ask (110.4 -110.6) and an annual coupon rate of 6 percent (semi-annual payments). What was the invoice price of the bond if you bought it 40 days after the last coupon was paid? a. $1,110.59 b. $116.99 c. None. d. $116.59 e. $1,112.59
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