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A $100,000 face value T-Bond has an annual coupon rate of 7.00% and paid its last coupon 63 days ago. What is the accrued interest

A $100,000 face value T-Bond has an annual coupon rate of 7.00% and paid its last coupon 63 days ago. What is the accrued interest on the bond? Assume a 365-day year.

a) $304.09

b) $604.11

c) $1,208.22

d) $2,416.44

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