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how many days are in the accrued interest period? If the coupon rate for this Treasury security is 7% and the par value is $1

image text in transcribedhow many days are in the accrued interest period? If the coupon rate for this Treasury security is 7% and the par value is $1 million, what is the accrued interest?

6. A Treasury bond is purchased on April 7 and its settlement date is April 8. The last coupon payment was on February 15. Assume that the year in which this security is purchased is not a leap year and days in coupon period are 182. Answer the questions below

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