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Calculate the total cash to be paid for a bond with a quoted price of $990 plus 17 days accrued interest at the coupon rate
Calculate the total cash to be paid for a bond with a quoted price of $990 plus 17 days accrued interest at the coupon rate of 6 percent. The bond has a face value of $1000. (Use 365 days for calculation.) $990.00$2.79$992.79$987.21 Attempts: 0 of 3 used Using multiple attempts will impact your score. 25% score reduction after attempt 1
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