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An investor sells $ 5 , 5 0 0 , 0 0 0 in par value of 3 . 5 % Treasury bonds at a
An investor sells $ in par value of Treasury bonds at a quoted price of The trade
settled on and the bonds mature on pts
a What is the dollar value of the accrued interest the investor would receive?
b How many days of accrued interest are there?
c What is the buyers invoice price?
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