tyde8609 tyde8609
  • 28-02-2024
  • Business
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A corporate bond has a 3% coupon rate. The coupon is paid semiannually, and the last coupon was paid 35 days ago. If the bond has a par value of $1,000, what is the accrued interest amount?

A) $14.71
B) $15.41
C) $17.12
D) $18.82

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