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A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 117% of its $1,000 par

A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 117% of its $1,000 par value. If the last interest payment was made 1 month ago and the coupon rate is 8%, the invoice price of the bond will be ________. Question 18 options: $1,177 $1,183 $1,230 $1,197

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