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Jessica bought a bond on December 1st. The bond was issued on January 1st. The semi?annual coupon is 7% ($1,000 par). What is the coupon
Jessica bought a bond on December 1st. The bond was issued on January 1st. The semi?annual coupon is 7% ($1,000 par). What is the coupon amount Jessica will next receive and how much accrued interest will Jessica pay? Group of answer choices Interest to Jessica on 1/1 is $35 and accrued interest when the trade is placed is $29.17 Interest to Jessica on 1/1 is $5.83 and accrued interest when the trade is placed is $29.17 Interest to Jessica on 1/1 is $35 and accrued interest when the trade is placed is $5.83 Interest to Jessica on 1/1 is $70 and accrued interest when the trade is placed is $58.34
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