Multiple Choice
A 6% coupon U.S.treasury note pays interest on May 31 and November 30 and is traded for settlement on August 10.The accrued interest on $100,000 face amount of this note is _________.
A) $581.97
B) $1,163.93
C) $2,327.87
D) $3,000.00
Correct Answer:
Verified
Correct Answer:
Verified
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