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A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 119% 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 119% of its $1,000 par value. If the last interest payment was made 3 months ago and the coupon rate is 6.20%, the invoice price of the bond will be _________.

Multiple Choice

$1,190.00

$1,221.00

$1,205.50

$1,159.00

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