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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 15 and the next coupon payment
is on December 1. The par amount purchased on the bond is $100,000, and its annual coupon rate
is 4% paid semiannually.
(1) What is the accrued interest using the 30360 day count convention?
(2) What is the accrued interest using the actual/actual day count convention?
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