The market price is $282,500 for a 6% non-callable corporate bond with a par value of $275,000 and 10 years to mature.It pays coupon interest semi-annually.The required rate of return on similar bonds is presently 4%.How much accrued interest would have to be paid if you purchase the bond on Oct 12, 2018 if the bond matures on May 31, 2028?

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