Suppose the Number of Days Between Two Coupon Payment Dates

question 22

True/False

Suppose the number of days between two coupon payment dates is 181,the number of days since the last coupon payment is 100,the annual coupon rate is 8 percent and the par value is $100,000,then the accrued interest is $2,210.

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Definitions:

Apprehension

A feeling of anxiety or fear that something bad or unpleasant will happen.

Assault

An intentional act that causes another person to fear imminent bodily harm or offensive contact.

Offensive Bodily Contact

An intentional act by one person that creates an apprehension in another of an imminent harmful or offensive contact.

Negligent Torts

Legal claims arising from acts or failures to act where a duty of care is owed and breached, resulting in injury or damage to another party.