Question: DO PART ( b ) please It is now May 1 , 2 0 2 2 , and Daniel has just purchased a five -

DO PART (b) please It is now May 1,2022, and Daniel has just purchased a five-year U.S. government bond (FV - $1,000) with a quoted price of 93.844. This bond has a 9-percent coupon rate, and the last semi-annual coupon payment was made on January 1,2022.(a) Your answer is correct. How much will Daniel pay for this bond? (Round answer to 2 decimal places, e.g.1564.25.) Bond price $ eTextbook and Media (b) Your answer is incorrect. Had this been a Canadian government bond, what would be the cash price? (Round answer to 2 decimal places, e.g.1564.25.)
DO PART ( b ) please It is now May 1 , 2 0 2 2 ,

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