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A $24,000 bond redeemable at par on April 10, 2017 is purchased on September 09, 2006. Interest is 6.5% payable semi-annually and the yield is

A $24,000 bond redeemable at par on April 10, 2017 is purchased on September 09, 2006. Interest is 6.5% payable semi-annually and the yield is 8.2% compounded semi-annually. a) What is the cash price of the bond?

b) What is the accrued interest?

c) What is the quoted price?

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