Nathan Is Buying a $1,000 Face Value Bond at a Quoted

Multiple Choice

Nathan is buying a $1,000 face value bond at a quoted price of 101.364.The bond carries a coupon rate of 7.75 percent,with interest paid semiannually.The next interest payment is two months from today.What is the dirty price of this bond?

A) $1,039.47
B) $1,042.15
C) $1,056.02
D) $1,028.18
E) $1,026.56