Calculate the Accrued Interest Per Bond and the Total Purchase $\quad$

question 98

Short Answer

Calculate the accrued interest per bond and the total purchase price of the following bond purchase, rounding each number to the nearest cent. $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text { Time since }$
$$\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 { Price } \\\text { Bank Natl. } & 7.625 & 92 & 64 \text { days } & & \$ 10.00 & 8 &\end{array}\end{array}$$

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Organizational Politics

The activities and behaviors employees engage in to gain power and achieve their goals within a workplace, often involving influence and networking.

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involves actions not officially sanctioned by an organization that are aimed at influencing the distribution of advantages and disadvantages within it.