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Calculate the Accrued Interest Per Bond and the Total Proceeds \quad

Question 88

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Calculate the accrued interest per bond and the total proceeds of the following bond sale, rounding each number to the nearest cent. \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad  Time since \text { Time since }
 Coupon  Market  Last  Accrued  Commission Per Bonds  Total  Company  Rate  Price  Interest  Interest  Bond  Purchased  Froceeds  Nice Nanny 7.12588.37546 days $7.5016\begin{array}{l}\begin{array} { l l l l l l l l } & \text { Coupon } & \text { Market } & \text { Last } & \text { Accrued } & \text { Commission Per}& \text { Bonds } & \text { Total } \\\text { Company } & \text { Rate } & \text { Price } & \text { Interest } & \text { Interest } & \text { Bond } & \text { Purchased } & \text { Froceeds } \\\text { Nice Nanny } &7.125 & 88.375 & 46 \text { days } & & \$ 7.50 & 16 &\end{array}\end{array}

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