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Using a Eurobond 360-day year and 4.75% annual coupon, coupon payment date July 1st and...

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Finance

Using a Eurobond 360-day year and 4.75% annual coupon, coupon payment date July 1st and 100,000 face amount. A customer sells a bond with a Settlement Date of 15th October. What is the amount of Accrued Interest due to the customer?

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