Calculate the accured interest in dollars, and the total proceeds in dollars of the bond sale round your answer to the nearest cent?
Calculate the accured interest in dollars, and the total proceeds in dollars of the bond sale round your answer to the nearest cent?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Calculate the accured interest in dollars, and the total proceeds in dollars of the bond sale round your answer to the nearest cent?
![L2
5.
Company Coupon Rate Market Price Time Sine Last
Compony 4
10.525% 77.00
Interested -85 days
6.
Bond
Total
Bond-$11.00 Sold-15 Price
Accored Interest Commision Par](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9f720ab8-947a-40bc-9376-9f47ebcdb167%2F964ed216-4120-4574-b30c-5308954c8361%2Foml8ijc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:L2
5.
Company Coupon Rate Market Price Time Sine Last
Compony 4
10.525% 77.00
Interested -85 days
6.
Bond
Total
Bond-$11.00 Sold-15 Price
Accored Interest Commision Par
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