Solution-What is the interest accrued on the bond

What is the interest accrued on the bond

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On Mar 1,2003 ABC Inc is selling a corporate bond with a face value $1000 and 7% coupon paid semi-annually. The next coupon payment after Mar 1,2003 is on June 30,2003.What is the interest accrued on the bond?

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What is the interest accrued on the bond : On Mar 1,2003 ABC Inc is selling a corporate bond with a face value $1000 and 7% coupon paid semi-annually. The next coupon payment after Mar 1,2003 is on June 30,2003.What is the interest accrued on the bond?

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What is the interest accrued on the bond

Reference no: EM131426368

Reference no: EM131426368

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