It is now September 13. Jane has just purchased a 15-year 6% Canadian corporate bond quotes at 93.65. The last semi-annual coupon payment was made on May 31 in the same year. How much will Jane actually pay for this bond? Assume accrued interest is based on ACT/365 Day-Count Convention, i.e. the fraction of a year represented by any given time period is represented as the actual number of days in the period divided by 365.

note: please retain at least 4 decimal places in your calculations.

a. $936.50

b. $1024.76

c. $953.76

d. $919.24

e. $1020.86