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A $1000 bond with 7% semiannual coupons matures at par on July 17, 2025. Coupon dates are January 17 and July 17. Hannah purchased this

A $1000 bond with 7% semiannual coupons matures at par on July 17, 2025. Coupon dates are January 17 and July 17. Hannah purchased this bond on October 21, 2012 to yield a nominal rate of 6% compounded semiannually. Find the purchase price using the 30/360 method to compute the accrued interest. Possible Answers A 1063.15 B 1089.38 1106.33 D 1114.28 E 1125.60 A $1000 bond with 7% semiannual coupons matures at par on July 17, 2025. Coupon dates are January 17 and July 17. Hannah purchased this bond on October 21, 2012 to yield a nominal rate of 6% compounded semiannually. Find the purchase price using the 30/360 method to compute the accrued interest. Possible Answers A 1063.15 B 1089.38 1106.33 D 1114.28 E 1125.60

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