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Accrued Interest Assignment | Homework For You

a. A bond pays a semiannual coupon, and the last coupon was paid 61 days ago. If the annual coupon payment is $75, what is the accrued interest? (Assume 182 days in the 6-month period)Homework For You

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b. What is the invoice price if the quoted price is 97.2? (Assume par value is $1000) Get Finance homework help today

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