Question: A $ 1 , 6 0 0 bond has coupons at a rate 8 % paid semi - annually and matures on July 1 ,

A $1,600 bond has coupons at a rate 8% paid semi-annually and matures on July 1,2024 at $1,630. Find the practical clean book value of this bond on August 16,2018 to yield 4% compounded semi-annually. From July 1 to January 1 there are 184 days.
The book value on July1,2018 is $1,962 to the nearest dollar. Find the book value to the nearest cent.
Find the book value on January 1,2019 to the nearest cent.
Find the practical clean book value of August 16,2018 to the nearest cent.

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