Question: A ( n ) 1 7 - year bond has a coupon of ( 9 % ) and is priced to yield

A(n)17-year bond has a coupon of \(9\%\) and is priced to yield \(15\%\). Calculate the price per \$1,000 par value using semi-annual compounding. If an investor purchases this bond two months before a scheduled coupon payment, how much accrued interest must be paid to the seller? The price of the bond, \( P V \), is \(\$ 634.21\).(Round to the nearest cent.) If an investor purchases this bond two months before a scheduled coupon payment, the amount of accrued interest to be paid to the seller is \$ .(Round to the nearest cent.)
A ( n ) 1 7 - year bond has a coupon of \ ( 9 \ %

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