Question: Reference Example 15.2EO 12. A $25 000, 10% bond redeemable at par on December 1, 2030, was purchased on September 25, 2019, to yield 7.6%

Reference Example 15.2EO 12. A $25 000, 10% bond redeemable at par on December 1, 2030, was purchased on September 25, 2019, to yield 7.6% compounded semi-annually. Bond interest is payable semi-annually. a. What is the cash price of the bond? b. What is the accrued interest? c. What is the quoted price? d. Use TI BA II PLUS calculator to verify your answers to parts a, b, and c

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