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A 5.30% coupon corporate bond with $1,000 par value is yielding 7.00%. The bond traded and. settles on March 11, 2015. The bond pays coupon
A 5.30% coupon corporate bond with $1,000 par value is yielding 7.00%. The bond traded and. settles on March 11,
2015. The bond pays coupon interest every June 10th and December 10th of each year. What is the accrued interest
dollar amount?
A. $13.25
B. $13.40
C. $13.10
D. $13.18
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