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Calculate the accrued interest of the following bond on Feb 15 based on Actual/360 day count conventions provided last coupon was paid on Dec 31.
Calculate the accrued interest of the following bond on Feb 15 based on Actual/360 day count conventions provided last coupon was paid on Dec 31.
- Face value: $5,000
- Annual coupon rate: 4%
- Paid semi-annually
Review Later
$25.56
$25.00
$24.74
$26.12
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