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3. Bond characteristics for this problem: I/Y = 1.77%, PMT = $50, FV $1,000 Maturity Date: 12/30/2026 Purchase Date: 9/15/2022 What is the fundamental value

3. Bond characteristics for this problem: I/Y = 1.77%, PMT = $50, FV $1,000

Maturity Date: 12/30/2026 Purchase Date: 9/15/2022

What is the fundamental value of the bond?

What is the accrued interest payable to the bond seller?

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