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Eight $1000 bonds with 3.8 % coupons payable semi annual are purchased three months after...

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Accounting

Eight $1000 bonds with 3.8 % coupons payable semi annual are purchased three months after a coupon matures, to yield 1.9% compounded . The bonds mature in years. (a) What is the market price or quoted price of the bonds? (b) What is the accrued interest? (c) What is the cash price?

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