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Consider a bond with the following features and a settlement date of 10/10/2020. Annual Coupon 7% Coupon Payment Frequency Semiannual Interest Payment Dates 30 May
Consider a bond with the following features and a settlement date of 10/10/2020. Annual Coupon 7% Coupon Payment Frequency Semiannual Interest Payment Dates 30 May and 30 Nov. Maturity Date 11/30/2027 Day-Count Convention 30/360 Annual Yield-to-Maturity 6%
What is the amount of accrued interest?
What is the bonds flat, or quoted, price?
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