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You purchase a bond with an invoice price of $1,010. The bond has a coupon rate of 6.6 percent, semiannual coupons, a $1,000 par value,
You purchase a bond with an invoice price of $1,010. The bond has a coupon rate of 6.6 percent, semiannual coupons, a $1,000 par value, and there are 4 months to the next coupon date. What is the clean price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Do not include comma and $ in your answer.)
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