A bond has a 5% coupon rate. The coupon is paid semiannually (there are 182...
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Accounting
A bond has a 5% coupon rate. The coupon is paid semiannually (there are 182 days separating the coupon payments), and the last coupon was paid 104 days ago. If the bond has a par value of $1,000, what is the accrued interest?
$25
$4.81
$14.29
$50
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