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A bond makes semi-annual interest payments at a coupon rate of 5.7% per year on 15 January and 15 July each year. What is the

A bond makes semi-annual interest payments at a coupon rate of 5.7% per year on 15 January and 15 July each year. What is the accrued interest (per $100 of face value) if the bond changes hands on 25 March 2020?

$1.080

$1.096

$1.086

$1.102

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