Assume the bond’s invoice ("dirty") price is $1,054.23, the bond has the coupon rate of 7.5% and that the coupons are paid semiannually. Further assume that the bond has the face value of $1,000. What is the bond’s quoted ("clean") price if the last coupon payment took place five months ago?

Comparative financial statements for weller corporation, a merchandising company, for the year ending december 31 appear below. the company did not issue any new common stock during the year. a total of 800,000 shares of common stock were outstanding. the interest rate on the bonds, which were sold at their face value, was 12%. the income tax rate was 40% and the dividend per share of common stock was $0.40 this year. the market value of the company's common stock at the end of the year was $18. all of the company's sales are on account. time interest earned ratio