A $23.000,5.4% bond redeomable at por is purchased 6 years before maturity to yield 7.5% compounded semi-annually, Ir the bond intereat is payable semi-annualy, What is the purchase price of the bond? The purchase price of the bond is 1 (Round the final answer to the neacest cent as needed. Round all intermediate values to six decimal places as needed.) A $19,000 bond redeemable at par on February 22, 2013 is purchased on duly 23, 2002. Interest is 9.7% payable semi-annually and the yield is 5.2% 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 5 (Round the final answer to the nearest cent as needed. Round all intermedale values to six decimal ploces as needed) (b) The acorued interest is 1 (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 5 (Round the final answer to the noarest cent as needed. Round all intermediste values to tix decimal places as needed.) A contract offors $11,000 immedately and $75,000 in eight years (Alternative 1) or $5,000 at the end of each of the next eight years (Altemative 2 ). If money is worth 6%, which offer in prefericie? The preferred altemative is The proposed expansion of CIV Electronics' plant facilities requires the immediate outlay of $99,000. Expected net returns are given in the following table. Calculate the internal rate of return (IRR). The internal rate of return is %. (Round to the nearest tenth as needed.) A professional sports contract offers $105,000 paid now, $220,000 paid at the end of each of the socond and third years, and $700,000 paid at the end of tha fourth, finth, and sixith yoars (Aremative 1). Allernatively, the contract could offer $400,000 per year paid at the end of each of the six year (Allernative 2). If money is worth 11.913, which offer is proferntio for the athlete? The preferred offer is