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Consider a bond with a settlement date (date of purchase) of 9/15/2020, and a maturity date of 12/15/2026. The coupon rate is 6.6% and coupons
Consider a bond with a settlement date (date of purchase) of 9/15/2020, and a maturity date of 12/15/2026. The coupon rate is 6.6% and coupons are paid semiannually. The par is $1000. What is the accrued interest on the bond on the settlement date? Use 30 days for all the months in your calculation. Round your answer to the nearest $0.1, i.e., one decimal place
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