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You become the owner of a bond with fifteen years to maturity and has a $1,000.00 par value. The bond has a yield-to-maturity of 9.00%

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You become the owner of a bond with fifteen years to maturity and has a $1,000.00 par value. The bond has a yield-to-maturity of 9.00% and a coupon rate of 9.50% It has been 92 days since the last coupon payment. There are 90 days remaining untithe next coupon payment. The bond's clean ask price is 5104 0722 and its clean bid price is $103 7600. Approximately how much did you have to pay for the band? Multiple Choice $1,088.74 $1,016.71 $1,061.61 $1,063.47 $1.064.21 $1.064.73 $1.085,62

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