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Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your answers to the nearest cent.) Company Coupon
Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your answers to the nearest cent.)
| Company | Coupon Rate | Market Price | Time Since Last Interest | Accrued Interest | Commission per Bond | Bonds Sold | Total Proceeds |
|---|---|---|---|---|---|---|---|
| Company 3 | 6.55% | 91.50 | 21 days | $ | $9.00 | 10 | $ |
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Introduction To Government And Not For Profit Accounting
Authors: Martin Ives, Joseph R. Razek, Gordon A. Hosch
5th Edition
0130464147, 978-0130464149
