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A U.S. Treasury bond pays a 8% coupon on February 17 and August 17. How much interest accrues per $100 of principal to the bond
A U.S. Treasury bond pays a 8% coupon on February 17 and August 17. How much interest accrues per $100 of principal to the bond holder between August 17, 2011 and November 9, 2011? How would your answer be different if it were a corporate bond? If it is a treasury bond There are calendar days between August 17, 2011 and November 9, 2011. There are calendar days between August 17, 2011 and February 17, 2012 The accrued interest earned per $100 of principal is therefore $ (Please round your answer to FOUR decimal places) If it is a corporate bond There are calendar days between August 17, 2011 and November 9, 2011. There are calendar days between August 17, 2011 and February 17, 2012. The interest earned per $100 of principal is therefore $ (Please round your answer to FOUR decimal places)
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