Calculate the accrued interest per bond and the total purchase price of the following bond purchase, rounding each number to the nearest cent.
Time since
Coupon
Market
Last
Accrued
Commission Per
Bonds
Total
CompanyRate
Price
Interest
Interest
Bond
Purchased
Price
FreightRUs7.75
92.75
5 months
$8.00
20
What will be an ideal response?
$32.29; $19,355.80
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What will be an ideal response?
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