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Please show work and round to the correct number of decimal places thank you! QUESTION 1 You have a semi-annual 1.250% $18,000 bond maturing March
Please show work and round to the correct number of decimal places thank you!
QUESTION 1 You have a semi-annual 1.250% $18,000 bond maturing March 26, 2027. You purchase the bond to settle March 26, 2024 when yields are 11.625%. The purchase price of this bond thus $ (dollars, rounded to two places after the decimal) QUESTION 2 You purchase to settle July 4, 2023 a $11,000 semi-annual 12.250% bond issued November 4, 2015 and maturing November 4, 2034. The bond is priced to yield 8.500%. Your first coupon payment of $673.75 will be due on (BAll Plus calculator date decimal format: mm.ddyy)Step by Step Solution
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