Question
A 30-year T-bond was issued on August 1, 2005, with a coupon rate of 5.45%. If you purchased the bond in the secondary market today
A 30-year T-bond was issued on August 1, 2005, with a coupon rate of 5.45%. If you purchased the bond in the secondary market today (Mar. 26, 2020), how much do you receive in accrued interest?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
5th Edition
0078034663, 978-0078034664
