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On July 10, 2012, you purchase a $10,000 par T-note that matures in five years. The settlement occurs on July 11, 2019. The coupon rate
On July 10, 2012, you purchase a $10,000 par T-note that matures in five years. The settlement occurs on July 11, 2019. The coupon rate is 7 percent and the current price quote is 98 9896 percent. The last coupon payment was on 10 days before settlement, and the next coupon payment will be paid on 156 days from settlement. Calculate the accrued interest due to the seller from the buyer at settlement. (round your answer to 2 decimal places)
On July 10, 2012, you purchase a $10,000 par 1-note that matures in five years. The selement ocors on July 11, 2019. The coupon rate is 7 percent and the price The last coupon payment was on 10 days before settlement, and the next coupon payment will be paid on 156 days from settlement Calculate the accund in settlement (round your answer to 2 decimal places) the thesar from the h is 5006 percent Step by Step Solution
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