Question
A bond has a 5% coupon rate. The coupon is paid semiannually (there are 182 days separating the coupon payments), and the last coupon was
A bond has a 5% coupon rate. The coupon is paid semiannually (there are 182 days separating the coupon payments), and the last coupon was paid 104 days ago. If the bond has a par value of $1,000, what is the accrued interest?
| $25 |
| $4.81 |
| $14.29 |
| $50 |
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The Complete Guide To Property Finance
Authors: Richard W J Brown
1st Edition
1739832027, 978-1739832025
