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You are given the following data on US Treasury Bond. The maturity date is May 15, 2046. The asked yield-to-maturity is 3%. The coupon rate
You are given the following data on US Treasury Bond. The maturity date is May 15, 2046. The asked yield-to-maturity is 3%. The coupon rate is 1.5%. You agree to buy the bond May 17, 2022. Assume T+1. Par is $100.
What is the accrued interest?
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