You purchase a T-note with the last coupon payment occurred 80 days ago. The next...
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Finance
You purchase a T-note with the last coupon payment occurred 80 days ago. The next coupon payment will be paid 100 days later. The coupon rate is 3.4%. Face value is $1,000. Compute the accrued interest.
$20.45
$15.11
$7.56
$13.23
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