Question: you purchase a bond with an invoice price of 1135...
You purchase a bond with an invoice price of $1,135. The bond
has a coupon rate of 10.7 percent, semiannual coupons, a $1,000 par
value, and there are two months to the next coupon date.
What is the clean price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Clean price $