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How do you find the invoice price? please include formulas, the answer is 10,143.06 but I don't know how to calculate it ut lototztot% 4.)
How do you find the invoice price? please include formulas, the answer is 10,143.06 but I don't know how to calculate it
ut lototztot% 4.) A $10,000 face value 10% coupon corporate bond matures o ce value 10% coupon corporate bond matures on December 16, 2029. You purchase the bond to settle on October 6, 2018 (this is M3!) at a quoted price of disregard weekends/holidays in your calculations (if applicable). Compute the number of days since the last coupon payment as of the settlement date. Nuo day(s) b. (3 pts) What is the invoice price in dollars and cents)? Ansur $ 495 31.95 x 10,143.06 Inoce your answer as a percentage withStep by Step Solution
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