Question: How much would you have to pay for a U.S. government bond ($1000 maturity value) schedule to mature november 2015 and quoted at 147:27 asked?

How much would you have to pay for a U.S. government bond ($1000 maturity value) schedule to mature november 2015 and quoted at 147:27 "asked"? the coupon rate on the bond is 9 7/8 %

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How much would you have to pay for a U.S. government bond ($1,000 maturity value) scheduled to mature in November 2015 and quoted at 147:27 "asked"? The coupon rate on the bond is 9 percent.

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