The July 15, 2015, quoted price of a bond with a coupon rate of 4.5%, payable semiannually,

Question:

The July 15, 2015, quoted price of a bond with a rate of 4.5%, payable semiannually, maturing on March 1, 2019, is $990. If you buy the bond on July 15, 2019, what is the total price you must pay for the bond?
Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...