Question: neat and clean hand written solution requires. please answer fast A $18,000 bond redeemable at par on June 06,2015 is purchased on June 23,2007 .

neat and clean hand written solution requires. please answer fast A

neat and clean hand written solution requires. please answer fast

A $18,000 bond redeemable at par on June 06,2015 is purchased on June 23,2007 . Interest is 6.6% payable semi-annually and the yield is 6.5% compounded semi-annually. (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 \$ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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