Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your answers to the nearest cent.)TimeCouponRateMarketAccruedCommissionBondsTotalCompanySince LastPriceInterestper BondSoldProceedsInterestCompany 36.55%91.5021 days$ 3.82$9.0010$ 29,849.70 X

Proceeds from Bond Sale = Market Price of Bond + Accrued Interest - Commission

Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your answers to the nearest cent.) Time Coupon Market Accrued Commission Bonds Total Company Since Last Rate Price Interest per Bond Sold Proceeds Interest Company 3 6.55% 91.50 21 days $ 3.82 $9.00 10 $ 29,849.70x

Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your answers to the nearest cent.) Time Coupon Market Accrued Commission Bonds Total Company Since Last Rate Price Interest per Bond Sold Proceeds Interest Company 3 6.55% 91.50 21 days $ 3.82 $9.00 10 $ 29,849.70x

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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