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Calculate the total cash to be paid for a bond with a quoted price of $1040 plus 17 days accrued interest at the coupon rate

Calculate the total cash to be paid for a bond with a quoted price of $1040 plus 17 days accrued interest at the coupon rate of 6 percent. The bond has a face value of $1100. (Use 365 days for calculation.) $1036.93$1043.07$3.07$1040.00

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