Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your answers to the nearest cent.)
Company | Coupon Rate |
Market Price |
Time Since Last Interest |
Accrued Interest |
Commission per Bond |
Bonds Sold |
Total Price |
---|---|---|---|---|---|---|---|
Company 4 | 10.225% | 77.00 | 85 days | $ | $12.00 | 15 | $ |
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