You want to buy a Disney bond with three years until maturity and  a coupon rate of 12.50% per year, paid semiannually

A Focus bond has a coupon rate of 6.00% and makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Street Journal reports the ask price for the bond on January 30 at 100:07. What is the invoice price of the bond? The coupon period has 182 days. Note: A bond quote with... Read More >>>https://is.gd/yZ8dwB

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