Multiple Choice
A 6% coupon US Treasury note pays interest on 31 May and 30 November and is traded for settlement on 10 August. 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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