P7-23 Accrued Interest [LO2] You purchase a bond with an invoice price of $1,100. The bond has a coupon rate of 5 percent, and there are 3 months to the next semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000. Multiple Choice $1,075.10 $1,055.00 $1,087.50 $1,067.50 $1,098.50