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answer is C 41. A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 11%

answer is C 41. A coupon bond that pays semiannual interest is reported in the Wall Street Journal as having an ask price of 11% of its $1,000 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. $1,140

B. $1,10

C. $1,180

D. $1,200

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