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You bought, sometime in the past, a corporate bond (not a Government bond) that carries a 7% coupon. It pays interest twice per year, on
You bought, sometime in the past, a corporate bond (not a Government bond) that carries a 7% coupon. It pays interest twice per year, on January 1 and July 1 of each year. If you originally bought this bond for a settlement date of October 1, how much would be the accrued interest that you would pay along with the purchase? Now, for the bond in the previous question: You bought, this bond sometime in the past. It carries a 7% coupon. It pays interest twice per year, on January 1 and July 1 of each year. If you originally bought this bond for a settlement date of October 1, and there was accrued interest on the purchase when you bought it... Who is entitled to receive the interest you pay
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