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A $24,000 bond redeemable at par on april 24, 2012 is purchased on September 12, 2002. Interest is 9.2% payable semi-annually and the yield is

A $24,000 bond redeemable at par on april 24, 2012 is purchased on September 12, 2002. Interest is 9.2% payable semi-annually and the yield is 5.4% compounded semi-annually. (a) What is the cash price of the bond? (b) What is the accrued interest? (c) What is the quoted price? (solve using excel or financial calculator)

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