Suppose that you want to figure out the dirty price of a U.S. Treasury Bond. You have collected the following data:
Issuer: U.S. Treasury; Par value = $1,000; Annual coupon rate = 5.246%;
Quoted price = 101:24; Yield = 4.86%;
Issue date = 12/21/2008; Maturity = 12/21/2018
Transaction date: 01/17/2010; Settlement = T+1 (transaction date plus 1)
What is the full price you should pay for this bond? PLEASE show each STEP with formulas.