medium · Debt Capital Markets
A US corporate bond is quoted with a clean price of 98.50. It has a 6.00% annual coupon paid semi-annually.
If 60 days have passed since the last coupon in a 180-day period (30/360 convention), what is the dirty price per $1,000 face value?
- $1,015.00
- $995.00
- $985.00
- $991.00
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