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A trade on a bond with a 3% semi-annual coupon rate settles on Feb 7, 2022. The bond matures Nov 01, 2032. The last coupon
A trade on a bond with a 3% semi-annual coupon rate settles on Feb 7, 2022. The bond matures Nov 01, 2032. The last coupon payment date is Nov 01, 2021. The next coupon payment date is May 01, 2022. What is the accrued interest on the bond if the day count follows the 30/360 convention? Assume a par value of 100.00.
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