Question: * Four $ 1 0 0 0 bonds with 6 . 8 % coupons payable annually are purchased nine months after a coupon matures, to
Four $ bonds with coupons payable annually are purchased nine months after a coupon matures, to yield compoundod semiannually. The bonds mature in nine years.a What is the market price or quoted price of the bonds?b What is the accrued interest?c What is the cash price?
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