A 75% Coupon Bond with an Ask Price of $100

question 61

Multiple Choice

A 7.5% coupon bond with an ask price of $100.00 pays interest every 182 days.If the bond paid interest 62 days ago, the invoice price of the bond would be

• A)$1,011.67.
• B)$1,012.35.
• C)$1,012.77.
• D)$1,011.98.