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Find the accrued interest, and the total proceeds from the sale of 10 bonds with a coupon rate of 8.5 and a current price of
Find the accrued interest, and the total proceeds from the sale of 10 bonds with a coupon rate of 8.5 and a current price of 99.375. The commission charge is $6.00 per bond. The date of the transaction is 78 days since the last interest payment. Show your work.
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