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2. Bond Features, Ratings, Types and Markets Suppose the last coupon was paid 50 days ago and there are 182 days in the current coupon

2. Bond Features, Ratings, Types and Markets Suppose the last coupon was paid 50 days ago and there are 182 days in the current coupon period. The semiannual coupon payment is $40. a. What is the accrued interest?

b. If the clean price is $953, what is the dirty price?

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