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Suppose the bond with semi-annual coupon rate c = 5% and notional M = 1000 was sold on Aug 1, 2021. The last coupon payment

Suppose the bond with semi-annual coupon rate c = 5% and notional M = 1000 was sold on Aug 1, 2021. The last coupon payment date was June 1, 2021, and the next coupon date is Dec 1 2021. Calculate the accrued interest the buyer of the bond needs to pay the seller.

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