medium · Debt Capital Markets bond-instruments-structures
A 3-year bond with a 1,000 face value pays a 5.0% annual coupon and is currently yielding 6.0%.
If the bond pays its next coupon in 180 days (30/360 convention), what is the accrued interest?
- $25.00
- $50.00
- $12.50
- $30.00
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