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A bond with a coupon rate of 7% makes semiannual coupon payments on Jan 15 and July 15 of each year. The Wall Street Journal

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A bond with a coupon rate of 7% makes semiannual coupon payments on Jan 15 and July 15 of each year. The Wall Street Journal reports the ask price for the bond on August 30 at 98.125. The coupon period has 182 days. What is the accrued interest? $9.54 $7.49 $8.85 $8.44 $9.21 A bond with a coupon rate of 7% makes semiannual coupon payments on Jan 15 and July 15 of each year. The Wall Street Journal reports the ask price for the bond on August 30 at 98.125. The coupon period has 182 days. What is the accrued interest? $9.54 $7.49 $8.85 $8.44 $9.21

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