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You purchase a bond with an invoice price of $1,025. The bond has a coupon rate of 5.51 percent, it makes semiannual payments, and there

You purchase a bond with an invoice price of $1,025. The bond has a coupon rate of 5.51 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. The par value is $1,000. What is the clean price of the bond? Multiple Choice $1,052.55 $1,029.59 $1,002.04 $997.45 $1,020.41

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