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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

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$25.56

$25.00

$24.74

$26.12

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