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Suppose a bond is purchased with a settlement date of October 1 5 and the next coupon payment is on December 1 . The par
Suppose a bond is purchased with a settlement date of October and the next coupon payment
is on December The par amount purchased on the bond is $ and its annual coupon rate
is paid semiannually.
What is the accrued interest using the day count convention?
What is the accrued interest using the actualactual day count convention?
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