Question: 1) A coupon bond is reported as having an ask price of 108% of the $1,000 par value in the Wall Street Journal. If the

1) A coupon bond is reported as having an ask price of 108% of the $1,000 par value in the Wall Street Journal. If the last interest payment was made three months ago and the coupon rate is 12%, the invoice price of the bond will be (assume 30/360)

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