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3) You purchase a $13,000 12.625% Treasury bond maturing October 8, 2020. The bond is priced to yield 7.625% and settles March 8, 2017. Accrued

3) You purchase a $13,000 12.625% Treasury bond maturing October 8, 2020. The bond is priced to yield 7.625% and settles March 8, 2017. Accrued Interest is calculated over 360 days and you earn interest over days. Interest is thus earned over a total of days

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