A bond issued on February 1, 2004 with face value of$25400 has semiannual coupons of 7.5%, and can be redeemed for par (face value) on February 1, 2019.

Problem #1: A bond issued on February 1, 2004 with face value of $25400 has sermarmual coupons of 15%: and can be redened for par (face value) on February 1, 2019. What is the accrued interest and the market price [the "clean"? price) oflhe bond on November 15, 2006: ifthe band's yield on that date is to be 9.5%? (use actuaL'ac'tual for accrued intere st}. accrued interest and market price (in that order), Problem #1: l separated with a comma both answers correct to 2 decimals Just Save Submit Problem #1 for Grading