Suppose that on October 22, 2015 you buy a bond which paid the last annual coupon on June 15, 2015. The bond pays 8.3% annual coupons and matures on June 15, 2021. Its current market (clean) price is US$102.48, while its face value is US$100. The accrued interest calculation basis is ACT/365.

Calculate Accrued Interest, which is due to the previous bondholder.

Accrued Interest is equal to:

Calculate the Dirty Price.

Hint: This should be straightforward, now that you have the Clean Price and Accrued Interest.