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24. A bond with a par value of S 1,000 has an 8% coupon rate with semi-annual coupon payments made on July 1 and January

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24. A bond with a par value of S 1,000 has an 8% coupon rate with semi-annual coupon payments made on July 1 and January 1. If the bond changes hands on November 1, which of the following is true with respect to accrued interest? The seller will pay the buyer $13.33 b)The buyer will pay the seller $13.33100O c. The seller will pay the buyer $26.67 d. The buyer will pay the seller $26.67 e. None of these answers are correct

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