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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

  • $1,039.25

  • $1,051.75

  • $1,065.67

  • $1,110.25

  • $1,124.50

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