A bond pays a semiannual coupon, and the last coupon was paid 91-days ago. If the annual coupon payment is $50, what is
Posted: Fri Jul 01, 2022 7:51 am
A bond pays a semiannual coupon, and the last coupon was paid91-days ago. If the annual coupon payment is $50, what is theaccrued interest (assume 182 days in the 6-month period)?
A. $13.21
B. $12.50
C. $15.44
D. $16.32
A. $13.21
B. $12.50
C. $15.44
D. $16.32