You are buying a bond at a clean price of $1,140.The bond has a face value of $1,000,an 8 percent coupon,and pays interest semiannually.The next coupon payment is one month from now.What is the dirty price of this bond?
A) $1,000.00
B) $1,146.67
C) $1,173.33
D) $1,176.67
E) $1,180.00
Correct Answer:
Verified
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