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A 12-year bond with a face value of $2000 is redeemable at par and earns interest atj2= 8.5%. If the yield rate isj2= 9.5%, find

A 12-year bond with a face value of $2000 is redeemable at par and earns interest atj2= 8.5%. If the yield rate isj2= 9.5%, find the full (or dirty) price of the bond 5 months after the payment of coupon number 19.

Use simple interest for points in time between coupon payments.

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