Suppose that today's date is April 15. A bond with a 5.0% coupon paid semiannually every January 15 and July 15 is listed in The Wall Street Journal as selling at an ask price of 101:18. If you buy the bond from a dealer today, what price will you pay for it?
The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.