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On June 3 0 th , a bond has a par of 1 0 0 0 and pays annual interest of 8 0 . On

On June

30

,

a bond has a par of

1000

and pays annual interest of

80 .

On december

30

,

you buy the bond. You pay

118 %

par for the bond. What is the accrued interest? what is the flat price?

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