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A $23,000 bond redeemable at par on November 21, 2013 is purchased on May 06, 2007. Interest is 6.6% payable semi-annually and the yield is

A $23,000 bond redeemable at par on November 21, 2013 is purchased on May 06, 2007. Interest is 6.6% payable semi-annually and the yield is 6.1% 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 $

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

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