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A bond face value is $1000; its annual YTM=6% and its coupon rate=8% while coupon payments are semiannually paid. The maturity of the bond is
A bond face value is $1000; its annual YTM=6% and its coupon rate=8% while coupon payments are semiannually paid. The maturity of the bond is 3 years. The bond was issued on 1/1/2020, and bought on 12/1/2021. What is the accrued interest that buyer needs to pay to the seller?
Group of answer choices
$20
$30
$66.67
None of available answers are correct
$33.33
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