4.1 Suppose a holding of US$ 45 900 000 in a Eurobond with an annual...
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Accounting
4.1 Suppose a holding of US$ 45 900 000 in a Eurobond with an annual coupon of 14%, is sold for delivery on 3 March, with a coupon payment date of 14 February. Calculate the interest accrued in eighteen days. (6)
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