AS24,000 bond redeemable at par on January 21, 2009 s purchased on Apri 26, 2001 Interest...
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AS24,000 bond redeemable at par on January 21, 2009 s purchased on Apri 26, 2001 Interest n 84% payable sem annuly and the yeld in 97% compounded semi annualy (a) What is the cash price of the bond? (b) What is the accrued interest? (c) What is the quoted price? (a) The cash price is S (Round the final answer to the nearest cent as needed Round all intermedate values to s decimal places as needed) (b) The accrued interest is S (Round the final answer to the nearest cetas.needed Round all intermediate values to sa decimal places as needed.) Question Viewer (c) The quoted price is $ (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed) AS24,000 bond redeemable at par on January 21, 2009 s purchased on Apri 26, 2001 Interest n 84% payable sem annuly and the yeld in 97% compounded semi annualy (a) What is the cash price of the bond? (b) What is the accrued interest? (c) What is the quoted price? (a) The cash price is S (Round the final answer to the nearest cent as needed Round all intermedate values to s decimal places as needed) (b) The accrued interest is S (Round the final answer to the nearest cetas.needed Round all intermediate values to sa decimal places as needed.) Question Viewer (c) The quoted price is $ (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)
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Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0134141084
11th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
Posted Date:
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