An 8% coupon U.S. Treasury note pays interest on May 30 and November 30 and is traded for settlement on August 15. The accrued interest on the $ 100,000 face value of this note, assuming a semiannual coupon period of 182 days, is: Multiple Choice $1,692.31. $800.00. None of the options are correct. $491 80 $983 61

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
Author:MOYER
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Chapter8: Analysis Of Risk And Return
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An 8% coupon U.S. Treasury note pays interest on May 30 and November 30
and is traded for settlement on August 15. The accrued interest on the $
100,000 face value of this note, assuming a semiannual coupon period of 182
days, is: Multiple Choice $1,692.31. $800.00. None of the options are correct.
$491.80. $983.61.
Transcribed Image Text:An 8% coupon U.S. Treasury note pays interest on May 30 and November 30 and is traded for settlement on August 15. The accrued interest on the $ 100,000 face value of this note, assuming a semiannual coupon period of 182 days, is: Multiple Choice $1,692.31. $800.00. None of the options are correct. $491.80. $983.61.
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