1.2 (4) The Treasury 5s of February 15, 2032, which was issued on February 15, 2022, is purchased on May 15, 2023, for a quoted price of 96-23¹/2. What is the invoice price (i.e. full price) on $100,000 face amount?

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Your Question:
1.2 (4) The Treasury 5s of February 15, 2032, which was issued on February 15, 2022,
is purchased on May 15, 2023, for a quoted price of 96-23¹/2. What is the invoice
price (i.e. full price) on $100,000 face amount?
Transcribed Image Text:1.2 (4) The Treasury 5s of February 15, 2032, which was issued on February 15, 2022, is purchased on May 15, 2023, for a quoted price of 96-23¹/2. What is the invoice price (i.e. full price) on $100,000 face amount?
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