A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 120% of its $1,000 par value. If the last interest payment was made 2 months ago and the coupon rate is 6.30%, the invoice price of the bond will be _________.

Multiple Choice

$1,200.00

$1,231.50

$1,210.50

$1,168.50