A

$20,000

bond redeemable at

par

on

April 08, 2014

is purchased on

February 07, 2007.

Interest is

6.9%

payable semi-annually and the yield is

9.4%

compounded semi-annually.

(a) What is the cash price of the bond?

(b) What is the accrued interest?

(c) What is the quoted price?

(a) The cash price is

$nothing.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

(b) The accrued interest is

$nothing.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

(c) The quoted price is

$nothing.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)