Consider a Corporate Bond with a $1000 Face Value,10% Coupon

Multiple Choice

Consider a corporate bond with a $1000 face value,10% coupon with semiannual coupon payments,5 years until maturity,currently selling for a cash price of $1113.80.The next coupon payment will be made in 63 days and there are 182 days in the current coupon period.The clean price for this bond is closest to:

A) $1146.50.
B) $1065.70.
C) $1113.80.
D) $1081.10.