# This is the dirty price or clean price

A one year bond of principle 100, coupon 6% with half year paying and yield 11%. Suppose the beginning day of bond is 1.1 and today is 3.1, then I want to ask that, the price $$c = \dfrac{3}{e^{0.11 * 0.25}} + \dfrac{103}{e^{0.11 * 0.75}}$$ is the dirty price or clean price?

• What does the beginning day is 1.1 mean? – Gordon Aug 9 '17 at 18:12
• @Gordon Jun 1st – A.Oreo Aug 10 '17 at 1:08