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Allen Roofing Materials has 6.5 percent bonds outstanding that are currently priced at $1,044 each. The bonds pay interest on December 1 and June 1.
Allen Roofing Materials has 6.5 percent 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? (Use a monthly count to calculate accrued interest. Answer in dollars accurate to two decimal points. Enter only a number with decimal points. Do not inlcude any dollar symbols or other punctuation.)
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