A five-year bond with a $1,000 face value has a yield to maturity is 5.0% and it's coupon rate is 6.0% paid annually. The dirty price of this bond exactly 6 months after its second coupon payment is closest to ________.
A) $1087.23
B) $1147.23
C) $1027.23
D) $1057.23

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D) Calculate the clean price right after second coupon payment using 11ea84dc_f56a_f43b_9a63_1b343db92f01_TB1316_11_TB1316_11 11ea84dc_f56a_f43c_9a63_4fec29e582b9_TB1316_11_TB1316_11 11ea84dc_f56a_f43d_9a63_d938b02ce082_TB1316_11_TB1316_11 and 11ea84dc_f56a_f43e_9a63_a7c9e4924791_TB1316_11_TB1316_11 11ea84dc_f56b_1b4f_9a63_0d7cdaad60fe_TB1316_11_TB1316_11 accrued interest six months after last coupon is $30; 11ea84dc_f56b_1b50_9a63_11165f8fddcd_TB1316_11_TB1316_11

A Five-Year Bond with a $1,000 Face Value Has a Yield