Question
On December 1, 2017, you purchase a $10,000 per T-note that matures in ten years. The coupon rate is 6 percent and the price quote
On December 1, 2017, you purchase a $10,000 per T-note that matures in ten years. The coupon rate is 6 percent and the price quote is 99.25. The last coupon payment was Nov 1, 2017 (30 days ago), and the next payment is May 1, 2018 (181 days total between payments). The accrued interest is?
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Financial Markets And Technical Analysis
Authors: Eric Majors
1st Edition
1495333574, 978-1495333576
