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Problem #1: A bond issued on February 1, 2004 with face value of $37600 has semiannual coupons of 6.5%, and can be redeemed for par

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Problem #1: A bond issued on February 1, 2004 with face value of $37600 has semiannual coupons of 6.5%, and can be redeemed for par (face value) on February 1, 2022. 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). Problem #1: 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 Problem #1 Attempt #1 Attempt #2 Attempt #3 Attempt #4 Attempt #5 Your Answer: Your Mark: Problem #2: A bond has a face value (and redemption value) of $504,000, and pays coupons annually. The effective annual yield is 4 times the coupon rate. The present value of the redemption amount is 4 times the present value of the coupon stream. What is the price of the bond

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