Question
a) A Treasury bond's principal is $100 and pays a 6% coupon per annum, with payments made twice a year on March 1st and September
a) A Treasury bond's principal is $100 and pays a 6% coupon per annum, with payments made twice a year on March 1st and September 1st. What is the interest earned in dollars between March 1st 2015 and July 17th 2015?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
