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Question
Green Roofing Materials has 7.5 percent bonds outstanding that are currently priced at $1,068 each. The bonds pay interest on December 1 and June 1. What is the dirty price of this bond if today's date is May 1? Assume a 360-day year.A. $1,099.25
B. $1,105.75
C. $1,112.00
D. $1,118.25
E. $1,124.50
Answer
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