Question: a . A semi - annual bond with a face ( par ) value of $ 1 , 0 0 0 has an annual coupon

a. A semi-annual bond with a face (par) value of $1,000 has an annual coupon rate of 8%. If
23 days have passed since the last coupon payment, how much will be the accrued interest on
the bond? What will be invoice price if the bond is selling at its par value?
a. A semi-annual bond with a face (par) value of $1,000

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