You purchase a bond with a coupon rate of 9.2 percent, a par value of $1,000, semiannual coupons, and a clean price of $830. If the next coupon payment is due in five months, what is the invoice price

invoice price $ 837.67

Explanation:

the clean price represent the value of the bon net of interst if the next coupon payment is due in five months there is a month of interest included in the invoice (dirty price)

principal x rate x time = interest

1,000 x 0.092 x 1/12 = 7.67

bond + accued interest = dirty price

830 + 7.67 = 837.67