Calculate the accrued interest(in$) and the total purchase price(in$) of the bond, purchase round your answer to the nearest cent? (If you can’t see the market price on my paper it’s 79.75)
Calculate the accrued interest(in$) and the total purchase price(in$) of the bond, purchase round your answer to the nearest cent? (If you can’t see the market price on my paper it’s 79.75)
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?
(If you can’t see the market price on my paper it’s 79.75)
Transcribed Image Text:4.
Company Coupon Rate Market Price Time Sine Cord Internated Acred
9.7
71.75
23 days
Company
2
Commision Bontsold Total
15
Interest $11.00
↑
Price
↑
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