First, you have to do problem 4-9 using a financial calculator
Step 2: Find the quoted value by subtracting the accrued interest from the value in the previous step. 102.252 – 0.61326 = 101.639% = $1,016.39 5. Using the bond function keys on your financial calculator can you calculate this note’s price, accrued interest, and yield to maturity (YTM)? BAII Plus BAII Plus Excel 2nd Bond 2nd Bond STD. 3-11 ... ................
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