Explain the bond clean price and dirty price

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On 10/10/2035, a U.S. Treasury bond has a face value of $1,000, maturity on 2/10/2037, a coupon rate of 6.0%, semi-annual coupon payments, and yield to maturity (BEY) of 8.6%. This bond pays coupons on 2/10 and 8/10 of each year before its maturity. What are the bond's clean price and dirty price? Keep the final answers in 2 decimal place

Reference no: EM133119962

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