You purchase a bond with an invoice price of 981. The bond has a coupon rate of 5.18 percent, it

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The bonds clean price coat is 12 is to 19 that is 120 plus 19 upon 32 that is equal to 120. plus

You purchase a bond with an invoice price of $981. The bond has a coupon rate of 5.18 percent, it makes semiannual payments, and there are 2 months to the next coupon payment. The par value is $1,000. What is the clean price of the bond? ? $998.27 ? $972.37 ? $1,006.90 ? $963.73 ? $955.10