A 1000 seven-year 6 bond with semi-annual coupons is


A 1000 seven-year 6% bond with semi-annual coupons is redeemable for 1065. It was originally purchased at issue for 970. It is sold after 45 months for 995. Find the accrued interest by the theoretical method using the new yield to maturity.

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Financial Management: A 1000 seven-year 6 bond with semi-annual coupons is
Reference No:- TGS0977139

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