Who is entitled to receive the interest you pay

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You have a corporate (not a Treasury) bond which has a 7% coupon and pays interest on January 1 and July 1 of each year. If you bought this bond for settlement on October 1, and calculated how much accrued interest would you pay along with the purchase in the previous question...

Who is entitled to receive the interest you pay?

Reference no: EM131323943

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