17. A coupon bond is reported as having an ask price of 108% of the $1000 par value in the wall street journal. if the previous interest payment was made one month ago and the coupoon rate is 9% the...

17.

A coupon bond is reported as having an ask price of 108% of the $1000 par value in the wall street journal. if the previous interest payment was made one month ago and the coupoon rate is 9% the invoice price of the bond will be ________________.

a. $1087.5

b. $1110.10

c. $1150.00

d. $1160.25

3. none of these is correct