A $1,000 seven-year 2% bond with semiannual coupons is redeemable for $1,071. It was originally purchased at issue for $980. It is sold after 45 months for $993. Find the accrued interest by the...

Extracted text: A $1,000 seven-year 2% bond with semiannual coupons is redeemable for $1,071. It was originally purchased at issue for $980. It is sold after 45 months for $993. Find the accrued interest by the practical method and again by the theoretical method using the new yield to maturity. (Round your answers to the nearest cent.) accrued interest by the practical method $ accrued interest by the theoretical method