Question: A $16,000 bond redeemable at par on April 13, 2017 is purchased on February 23, 2006. Interest is 7 payable manually and the yield compounded

A $16,000 bond redeemable at par on April 13, 2017 is purchased on February 23, 2006. Interest is 7 payable manually and the yield compounded semi-annually (a) What is the cash price of the bond (b) What is the accrued interest? (c) What is the quoted price? (6) The cash price is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed) (b) The accrued interest is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed) C) The quoted 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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