alculate the accrued interest (in$) and the total purchase price(in$) of the bond purchase. Round your answer to the nearest cent? (for accrued I got $0.61 it’s wrong) (For total I got $1370.42 it’s wrong) Please help this is my last attem
alculate the accrued interest (in$) and the total purchase price(in$) of the bond purchase. Round your answer to the nearest cent? (for accrued I got $0.61 it’s wrong) (For total I got $1370.42 it’s wrong) Please help this is my last attem
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Calculate the accrued interest (in$) and the total purchase price(in$) of the bond purchase. Round your answer to the nearest cent?
(for accrued I got $0.61 it’s wrong)
(For total I got $1370.42 it’s wrong)
Please help this is my last attempt :(
Transcribed Image Text:4.
Company Coupon Rate Market Price Time Since Card Interated (Accred Commision Bondised Total
Company 9.7
71.75
23 days
Interest $11.00 15 Price
2
↑
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