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Question 7 1 pts Say we have a bond that we want to buy on Aug 5. The last coupon payment was on July 25,

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Question 7 1 pts Say we have a bond that we want to buy on Aug 5. The last coupon payment was on July 25, and coupons are paid annually (for this question, assume a year to have 360 days). The coupon rate is 12.29% and the par value of this bond is 10,000. What is the accrued interest? (i.e. the accrued interest used for calculating the clean price)

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