Calculate the accrued interest(in$) and the total purchase price(in$) of the bond, purchase round your answer to the nearest cent? (If you can’t see the market price on my paper it’s 79.75)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Calculate the accrued interest(in$) and the total purchase price(in$) of the bond, purchase round your answer to the nearest cent? (If you can’t see the market price on my paper it’s 79.75)
4.
Company Coupon Rate Market Price Time Sine Cord Internated Acred
9.7
71.75
23 days
Company
2
Commision Bontsold Total
15
Interest $11.00
↑
Price
↑
Transcribed Image Text:4. Company Coupon Rate Market Price Time Sine Cord Internated Acred 9.7 71.75 23 days Company 2 Commision Bontsold Total 15 Interest $11.00 ↑ Price ↑
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