It is May 15, 2011. The quoted price of a government bond with a 12% coupon that matures on July 17, 2014, is 110-23. What is the cash price? The number of days between January 17, 2011 and May 15, 2011 is .

The number of days between January 17, 2011 and July 17, 2011 is .

The accrued interest is therefore . (please round your answer to FOUR decimal places)

The quoted price is $. (please round your answer to FOUR decimal places)

The cash price is therefore $. (please round your answer to FOUR decimal places)