Question

A $1,000 seven-year 4% bond with semiannual coupons is redeemable for $1,052. It was originally purchased at issue for $960. It is sold after 45 months for $999. Find the accrued interest by the practical method and again by the theoretical method using the new yield to maturity. (Round your answers to the nearest cent.) accrued interest by the practical method $ accrued interest by the theoretical method

Answer 1

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M s me msmb ag monkhs sivee uaus Satesk coupon payme Tisme Lotad humaes og morkngina paument pesuad pnacstcas) A 17 9//ho0 lo00x O 02o.5 -10 The onelical mesnod Hene EYL is me occoued Tntesesk Scoa feaiol s me nkesrest nake Lime pesiod

roo2)S FYヒ O02 .02) 0 5 1o09950-\ 20 O02 O.0099o4 20 11 52u69 -9.9504938 9.950