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Allen Roofing Materials has 6.5% bonds outstanding that are currently priced at $1,044 each. The bonds pay interest on December 1 and June 1. What
Allen Roofing Materials has 6.5% bonds outstanding that are currently priced at $1,044 each. The bonds pay interest on December 1 and June 1. What is the dirty price of this bond if today's date is April 1? Assume a 360-day year.
Multiple Choice
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$1,039.25
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$1,051.75
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$1,065.67
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$1,110.25
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$1,124.50
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