Question: Six $ 1 0 0 0 bonds with 8 . 8 % coupons payable semi dash annually are purchased three months after a coupon matures,

Six $1000 bonds with 8.8% coupons payable semi dash annually are purchased three months after a coupon matures, to yield 4.4% compounded annually. The bonds mature in ten 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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Part 1
(a) The quoted price of the bonds is $
enter your response here.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Part 2
(b) The accrued interest is equal to $
enter your response here.
(Round to the nearest cent as needed.)
Part 3
(c) The cash price is $
enter your response here.
(Round to the nearest cent as needed.)

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