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Problem # 1: A bond issued on February 1, 2004 with face value of $9800 has semiannual coupons of 45%, and can be redeemed for

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Problem \# 1: A bond issued on February 1, 2004 with face value of $9800 has semiannual coupons of 45%, and can be redeemed for par (face value) on February 1, 2025. What is the accrued interest and the market price (the "clean" price) of the bond on November 15,2006 , if the bond's yield on that date is to be 7.5\%? (use actual/actual for accrued interest). accrued interest and market price (in that order). Problem i: separated with a comma both answers correct to 2 decimals

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