A 3% coupon Bond with YTM of 2. 5% is maturing in 7months, FV =...

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Finance

  1. A 3% coupon Bond with YTM of 2. 5% is maturing in 7months, FV = 100. Last coupon was 5 months ago, and next coupon is in 1month. The dirty price of the bond is $101.5364. What is the clean price of the bond?

    A.

    $99.2864

    B.

    $100.2864

    C.

    $100.0364

    D.

    $100

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