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A government bond pays semi-annual interest is reported as having an ask price of 105% of its $1,000 par value in the Wall Street Journal.

A government bond pays semi-annual interest is reported as having an ask price of 105% of its $1,000 par value in the Wall Street Journal. The last interest payment was made 146 days ago and there are 180 days between coupon payments. If the coupon rate is 7%, the accrued interest on this bond would be (write your answer to two decimal places without the dollar sign)

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