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4. (5 points) Tesla Inc. issued a corporate bond that matures on May 25, 2025...

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Accounting

4. (5 points) Tesla Inc. issued a corporate bond that matures on May 25, 2025 with a coupon rate of 5.30%, paid annually. The bond is rated B1 by Moodys as of October 31, 2021. The par value of the bond is $1,000. Since the last coupon payment, 30 days have passed. If the ask price of the bond is $991.30, then what is the accrued interest? A. $2.1591 B. $2.1781 C. $4.3562 D. $4.3782 E. $4.4167 F. $8.7565 G. $8.8333

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