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A bond pays interest semiannually on February 1 and August 1. Assume today is October 1. How many months of accrued interest are included in
A bond pays interest semiannually on February 1 and August 1. Assume today is October 1. How many months of accrued interest are included in the clean price of this bond?
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Financial Accounting
Authors: Jeffrey Waybright, Robert Kemp
1st Edition
013606048X, 9780136060482
