Bond with an invoice price-what is the clean price of bond

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Reference no: EM13883185

You purchase a bond with an invoice price of $1152.32. The bond has a coupon rate of 8.39 percent, and there are 4 months to the next semi annual coupon date. What is the clean price of the bond?

Reference no: EM13883185

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Bond with an invoice price-what is the clean price of bond : You purchase a bond with an invoice price of $1152.32. The bond has a coupon rate of 8.39 percent, and there are 4 months to the next semi annual coupon date. What is the clean price of the bond?

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