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You are buying a bond with a settlement date of November 18, 2021. The bond pays interest semiannually and matures on April 15, 2026. It
You are buying a bond with a settlement date of November 18, 2021. The bond pays interest semiannually and matures on April 15, 2026. It carries a 5.125% coupon and is priced at $1,138.65 today. What is the invoice price of this bond?
a. $1,148.58
b. $1,145.09
c. $1,143.35
d. $1,146.84
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