You purchase a bond with a coupon rate of 6.8 percent

and a clean price of $1,073. If the next semiannual coupon payment is due in
two months, what is the invoice price?

Well, to calculate the invoice price, we need to take into account the clean price and the accrued interest. But let me tell you a little joke first:

Why did the scarecrow win an award?
Because he was outstanding in his field!

Okay, let's get back to the question. Since the next semiannual coupon payment is due in two months, we need to calculate the accrued interest for those two months.

To find the accrued interest, we'll use the formula: Accrued Interest = (Clean Price / 2) x (Number of Days / Total Number of Days in the Coupon Period)

Now, since I don't have all the necessary details like the number of days in the coupon period, I'm afraid I can't give you the exact invoice price. But hey, at least I made you smile with that joke, right?