Question
You bought a bond with a 3.5% annual coupon interest rate. The bond has a face value of $1,000. Coupons are payable semiannually. On the
You bought a bond with a 3.5% annual coupon interest rate. The bond has a face value of $1,000. Coupons are payable semiannually. On the day you bought the bond, the next coupon is due in 2 months, so you are between coupon dates. What is the accrued interest?
- 5.8
- 20
- 11.7
- 17.5
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Advances In Financial Machine Learning
Authors: Marcos Lopez De Prado
1st Edition
1119482089, 978-1119482086
