What is the dirty price of the bond

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Reference no: EM131884723

If the clean price of a bond is $1,022.50, what is the dirty price of the bond assuming that the most recent interest payment was on 11/25/16 in the amount of $37.50.

Interest is paid semi-annually and the next interest payment is 5/25/17.

Assume that the day you are doing your calculation for accrued interest is 2/9/17.

Reference no: EM131884723

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