A bond portfolio manager purchased a US Treasury bond with a settlement date of September 25. The previous coupon payment was made on May 1, and the next coupon payment will be made on November 1. The manager applies the actual/actual day count convention and determines that there are 184 days in the coupon period, and 37 days between the settlement date and the next coupon payment date. Additional information about the bond is provided below: - Face value: USD 100 - Annual coupon rate: 3% - Dirty (cash) price of the bond on settlement date: USD 98.13 What is the clean (quoted) price of the bond on the settlement date of September 25? | Financial Risk Manager Part 1 Quiz - LeetQuiz