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You purchase a T-note with the last coupon payment occurred 80 days ago. The next...

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Finance

You purchase a T-note with the last coupon payment occurred 80 days ago. The next coupon payment will be paid 100 days later. The coupon rate is 3.4%. Face value is $1,000. Compute the accrued interest.

$20.45

$15.11

$7.56

$13.23

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