Question $12$

$1$ pts

A $7\mathrm{.}66\%$ semiannual$-$pay corporate bond matures $15$ August $2028$ and makes coupon payments on $15$ February and $15$ August. The bond uses the $30/360$ day$-$count convention for accrued interest. The bond is priced for sale on June $5,2020($that is$,110$ days since the Feb. $15$ coupon$).$ What is its flat price $($or clean price$)$ per $ $100$ of par value on June $5,2020$ if its yield to maturity is $6\mathrm{.}7\%?$ Carry intermediate calcs. to four decimals. Answer to two decimals.

$$