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A $100,000 bond bearing interest at 5% payable annually is bought eight years before maturity...

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A $100,000 bond bearing interest at 5% payable annually is bought eight years before maturity to yield 4.45% compounded quarterly. If the bond is redeemable at par what is the purchase price? The purchase price of the bond is (Round the final answer to the nearest cont as needed. Round all intermediate values to six decimal places as needed.) D A $16,000,0.3% bond redeemable at par is purchased 7 years before maturity to yield 9.9% compounded semiannually. If the bond interest is payable som annually what is the purchase price of the bond? The purchase price of the bond is (Round the final answer to the nearest cent as needed. Round all intermediate values to ex decimal places as needed.)

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