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2. (10 pt each) A $10,000, 8%(2) bond that matures at par on 6/1/20 is sold on 1 1/12/13 to a man requiring 10%(4) on
2. (10 pt each) A $10,000, 8%(2) bond that matures at par on 6/1/20 is sold on 1 1/12/13 to a man requiring 10%(4) on his money. a. Find the quoted and purchase price when day counting basis is 30/360. b. Find the quoted and purchase price when day counting basis is Actual/360
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