You purchase a bond with an invoice price of $934. The bond has a coupon rate of 10 percent, and there are 1 months to the next semiannual coupon date. What is the clean price of the bond? Enter the answer with 2 decimals (e.g. 954.23).
You purchase a bond with an clean price of $1045. The bond has a coupon rate of 9 percent, and there are 3 months to the next semiannual coupon date. What is the dirty price of the bond? Enter the answer with 2 decimals (e.g. 954.23).