Question: Please do not use Excel, thank you Problem #1: A bond issued on February 1, 2004 with face value of $39200 has semiannual coupons of

 Please do not use Excel, thank you Problem #1: A bond

Please do not use Excel, thank you

Problem #1: A bond issued on February 1, 2004 with face value of $39200 has semiannual coupons of 6.5%, and can be redeemed for par (face value) on February 1, 2021. What is the accrued interest and the market price (the "clean" price) of the bond on November 15, 2006, if the bond's yield on that date is to be 9.5%? (use actual/actual for accrued interest). accrued interest and market price in that order), separated with a comma Problem #1: 733.93,29973.72 both answers correct to 2 decimals Correct Answer: 733.93, 30123.82 Your Mark: 2/4

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