Accrued interest: If there are 183 days between interest settlement dates and it is 60 days since the last payment. The

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answerhappygod
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Accrued interest: If there are 183 days between interest settlement dates and it is 60 days since the last payment. The

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Accrued interest: If there are 183 days between
interest settlement dates and it is 60 days since the last payment.
The coupon rate is 3.8%. The quoted price is $940. The face value
is $1000. What is the clean price? What is the accrued interest?
What is the price that investors pay?
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