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A bond with a par value of $1,000 has an 9% coupon rate with semi-annual coupon payments made on July 1 and January 1. if

A bond with a par value of $1,000 has an 9% coupon rate with semi-annual coupon payments made on July 1 and January 1. if the bond changes hands on August 1, which eb following is true with respect to accrued interest O The buyer will pay the seller $37.50 O The seller will pay the buyer $37.50 O The buyer will pay the seller $7.50 O The seller will pay the buyer $7.50 O None of these answers are correct

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