It is May $5,2021.$ The quoted price of a government bond with a $12\%$ coupon that matures on July $27,2034,$ is $110-17.$ What is the cash price? $-$ my book shows answer of can you break this down $-$ The number of days between January $27$ and May $5$ is $98.$ The number of days between

January $27$ and July $27$ is $181.$ The accrued interest is therefore

$98632486$

$181$

$$

The quoted price is $110\mathrm{.}5312.$ The cash price is therefore

$1105312324861137798$