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A coupon bond paying semiannual interest is reported as having an ask price of 108% of its $1,000 par value. If the last interest payment
A coupon bond paying semiannual interest is reported as having an ask price of 108% of its $1,000 par value. If the last interest payment was made one month ago and the coupon rate is 7%, what is the dirty price of the bond? Assume that the month has 30 days and the year has 364 days. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Clean Price
$
Accrued Interest
$
Invoice price
$
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