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Assume the bonds invoice (dirty) price is $1,155.56, the bond has the coupon rate of 9.6% and that the coupons are paid semiannually. Further assume
Assume the bonds invoice (dirty) price is $1,155.56, the bond has the coupon rate of 9.6% and that the coupons are paid semiannually. Further assume that the bond has the face value of $1,000. What is the bonds quoted (clean) price if the last coupon payment took place three months ago?
A.) $1,131.56
B.) $1,179.56
C.) $1,107.56
D.) $1,203.56
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