Question 15

2 poinEs

On July 10, 2012, you purchase e $10,000 par T-note that matures in five years. The settlement occurs on July 11, 2019. The coupon rate is 8 percent and the current price quote is 96.0388 percent. The bast caRIDoN

payment was on 14 days before settlement, and the next coupon payment will be paid on 169 days from settlement. Calculals the accrued interest due to the seller from the buyer at settement. (round yeur angier to

2 decimal places)

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 e persent and the current price quote is 04 2368 perses. The sea payment was on 14 days before settlement, and the next coupon payment will be paid on 160 days from settement Calculate the accrued interest due to the saler from the buyer at the pound your 2 decimal places)