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Problem #1: A bond issued on February 1, 2004 with face value of $48400 has semiannual coupons of 5%, and can be redeemed for par
Problem #1: A bond issued on February 1, 2004 with face value of $48400 has semiannual coupons of 5%, and can be redeemed for par (face value) on February 1, 2021. 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 8%? (use actual/actual for accrued interest). Problem #1: 702.79,36069.82 accrued interest and market price in that order), separated with a comma both answers correct to 2 decimals Just Save Submit Problem #1 for Grading Attempt #3 Attempt #4 Attempt #5 Problem #1 Your Answer: Attempt #1 806.67, 36177.58 0/4x Attempt #2 702.79, 36069.82 0/4X Your Mark
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