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A semi-annual payment T-bond pays interest on 18 April and 18 October of each year. Coupon rate is 7.78% and par value is $1000. What
A semi-annual payment T-bond pays interest on 18 April and 18 October of each year. Coupon rate is 7.78% and par value is $1000. What is the accrued interest for settlement on 12 August using the Actual/Actual convention?
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