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Please show all work and explain. Twenty - year corporate bonds were issued 1 0 / 2 0 / 2 0 1 7 . The

Please show all work and explain.
Twenty-year corporate bonds were issued 10/20/2017. The bond has a coupon of 5.5% and on
1/2/2019, an investor sells $750,000 in par value at a quoted price of 96.373.
a. What is the dollar value of the accrued interest the seller receives? $8,250
b. How many days of accrued interest are there? 72
c. What is the buyers invoice price? $731,047.50
d. What is the YTM?5.82%
e. Find the accrued interest ($), days of accrued interest, invoice price, and YTM for a sale of
$1,500,000 in par value that occurs on 11/1/2023 at a price of 101.185. $2,520.83; 11;
$1,520,295.83; 5.38%

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