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38. Carol Singer holds a 5.4% coupon bond that has a quoted price of $995 and will make its next semi-annual payment in one month.
38. Carol Singer holds a 5.4% coupon bond that has a quoted price of $995 and will make its next semi-annual payment in one month. What is the accrued interest for this bond?
- $45.00
- $2.25
- $22.50
- $4.50
- $11.25
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