Question: Answers should be the following Using 30/360 method: Price = 27,246.90; Theoretical Accrued Interest= 680.23; Practical Accrued Interest= 683.33 Using actual/actual method: Price= 27,243.80; Theoretical

Answers should be the following Using 30/360 method: Price = 27,246.90;

Answers should be the following Using 30/360 method: Price = 27,246.90; Theoretical Accrued Interest= 680.23; Practical Accrued Interest= 683.33 Using actual/actual method: Price= 27,243.80; Theoretical Accrued Interest= 679.35; Practical Accrued Interest= 676.23

(6) On July 6, 2004 Gayle purchased a $25,000 8% par-value bond with seman- nual (March 3 and September 3) coupons and a September 3, 2007 maturity How much did she pay if she purchased the bond to yield a nominal rate of 5.8%? what part of this price consisted of accrued interest? Answer this nethods, along with actual" and the "30/360" methods

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