Green Roofing Materials has 7.5 percent bonds outstanding that are currently priced at $1,068 each.The bonds pay interest on December 1 and June 1.What is the dirty price of this bond if today's date is May 1? Assume a 360-day year.
A) $1,099.25
B) $1,105.75
C) $1,112.00
D) $1,118.25
E) $1,124.50
Correct Answer:
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