Question: really need help. On March 1, Wayne Michsels beoght 10 bonds from a particulur coenparty with a coupon rate of 9.325%. The purchase price was

really need help.

On March 1, Wayne Michsels beoght 10 bonds from a particulur coenparty with a coupon rate of 9.325%. The purchase price was 87.175 and the commission was 57 per bond. Honds from this particular company pay interest en February 1 and Aagust 1 . (a) What is the current yled (as a W) of the bond as of the purchase date? (Round your arswer to one decimal place.) (B) What is the total purchuse price (in s) of the bonds? (deound your anawn to the nearest cent.) 5 (c) If Wayne sold the bonds on Nowember 1 for 92.975, what are the proceeds (on 5) from ehe ale? (Hound your aeower to the nearest ceen.)

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