Face Value=1000

Cash Price of a Bond A4% bond matures November 9th, 2023, and is quoted on the FINRA website as trading at "99". The settlement date for the transaction is September 3, 2018. The bond pays coupons semiannually. Assume each month has 30 days and each semiannual coupon period has 180 days. The cash price (invoice price, dirty price) in actual dollars should be $_ Margin of error for correct responses: +/- $.05. Hint: Look carefully at the information provided to you. You do have enough information to calculate the cash (dirty) price. Rounding and Formatting instructions: Do not enter dollar signs or commas in your response. Do not round any intermediate work, but round your final* response to 2 decimal places (Example: if your answer is $12.34567, you should enter 12.35.)