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On May 1, 2020, Alanis purchased a ten-year, $10,000 bond issued by ABC. The bond had a stated interest rate of 10%, payable annually on

On May 1, 2020, Alanis purchased a ten-year, $10,000 bond issued by ABC. The bond had a stated interest rate of 10%, payable annually on May 1. On January 29, 2021, Alanis sold the bond. What is the amount of accrued interest included in the selling price?

a. $0

b. $77

c. $748

d. $1,000

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