You purchase a $22,000 Jet Blue 7.250% bond maturing January 17, 2041. The bond is priced to
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Question:
You purchase a $22,000 Jet Blue 7.250% bond maturing January 17, 2041. The bond is priced to yield 3.875% and settles September 5, 2017.
The base price of the bond is $___?___
Accrued Interest adds ___?___
The invoice price is thus %___?___
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