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A 1 year CD that pays coupons semiannually had it's last coupon payment of $4 on July 25. It matures on January 25 the following
A 1 year CD that pays coupons semiannually had it's last coupon payment of $4 on July 25. It matures on January 25 the following year when it pays back principal and the second coupon of $4. What is this CD's accrued interest on November 14? $2.488 $2.511 $2.289 $2.222
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