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A bond pays a coupon of $25 every May 15 and November 15. If the most recent coupon was paid 52 days ago, and the
A bond pays a coupon of $25 every May 15 and November 15. If the most recent coupon was paid 52 days ago, and the next coupon will be paid 130 days from now, find Accrued Interest.
a. | 17.86 | |
b. | 7.14 | |
c. | 10 | |
d. | 8.95 |
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