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A 6% coupon U.S. Treasury note pays interest on May 31 and November 30 and is traded for settlement on August 10. What is the
A 6% coupon U.S. Treasury note pays interest on May 31 and November 30 and is traded for settlement on August 10. What is the accrued interest on the $100,000 face amount of this note?
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Financial Management
Authors: Geoffrey Knott
4th Edition
1403903824, 9781403903822
