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Information about an Amazon's bond is obtained as in the picture. An investor buys the bond today but the settlement day is T+2 business day.
Information about an Amazon's bond is obtained as in the picture.
An investor buys the bond today but the settlement day is T+2 business day. That means the accrued interest will be calculated up to Feb 7, 2022.
Calculate the dollar amount of accrued interest of the bond that the investor needs to pay? i.e. interest amount in $ term.
Round your answer to a dollar unit. e.g. if your answer is 8932.9822, write down 8933.
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