A 9.50% coupon Hess Corp bond yields 1.47% and matures on April 21, 2023. A...
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A 9.50% coupon Hess Corp bond yields 1.47% and matures on April 21, 2023. A trade settles on July 22, 2018. Coupon interest is paid April 21 and October 21 of each year. What is the interest that the buyer must pay to the seller in addition to the offer price?
Round to 2 decimal places.
(ANSWER NOT 23...)
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