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An 8 % coupon U . S . Treasury note pays interest on May 3 0 and November 3 0 and is traded for settlement
An coupon US Treasury note pays interest on May and November and is traded for settlement on August The accrued interest on the $ face value of this note, assuming a semiannual coupon period of days, is:
Multiple Choice
$
$
None of the options are correct.
$
$
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