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The 5 - year bond of Bulgarelli Corporation has a bid quote of 1 3 1 . 2 8 9 1 and an asked quote

The 5-year bond of Bulgarelli Corporation has a bid quote of 131.2891 and an asked quote of 131.3470. Assume you purchase one of these bonds with a face value of $5,000 and a coupon rate of 7.4 percent, paid semiannually. The next interest payment will be paid two months from today. What will be your invoice price for this purchase?
Multiple Choice
$7,001.32
$6,690.68
$6,809.47
$7,220.01
$6,549.30

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