Consider a bond with $1000 FV, an annual coupon rate of 10%, an annual yield to maturity (YTM) of 8%, and 8 coupons remaining until maturity. Coupons are issued every 6 months, and the next coupon is due in exactly 4 months.

What is the CLEAN price of this bond today?

Assuming a relatively stable YTM, carefully explain what price this bond should converge to as it approaches maturity in the last few days of its life.