Consider a corporate bond with a $1000 face value,8% coupon with semiannual coupon payments,7 years until maturity,and a YTM of 9%.It has been 57 days since the last coupon payment was made and there are 182 days in the current coupon period.The dirty (cash)price for this bond is closest to:
A)$949.70.
B)$961.40.
C)$936.40.
D)$948.90.

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The Answer of Consider a corporate bond with a $1000 face value,8% coupon with semiannual coupon payments,7 years until maturity,and a YTM of 9%.It has been 57 days since the last coupon payment was made and there are 182 days in the current coupon period.The dirty (cash)price for this bond is closest to:
A)$949.70.
B)$961.40.
C)$936.40.
D)$948.90.

Consider a Corporate Bond with a $1000 Face Value,8% Coupon