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Costco Bonds details are below. Calculate the number of days in the given accrual period. Annual Coupon 9%; Coupon Payment Frequency Semi-annual; Interest Payment Dates
Costco Bonds details are below. Calculate the number of days in the given accrual period.
Annual Coupon 9%; Coupon Payment Frequency Semi-annual; Interest Payment Dates April 15th and October 15th; Maturity Date 15 October 2022; Day Count Convention 30/360; Annual Yield-to-Maturity 4%
Using the 30/360 convention, how many accrual days between:
- Accrual period starts on 6/10/2020 and the bond makes a coupon payment on 10/15/2020...
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