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30-05-2023
Business

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. An 9% coupon U.S. Treasury note pays interest on May 31 and November 30 and is traded for settlement on August 31 and the YTM is 12% right now. The accrued interest on the $100,000 face value of this note is Multiple-Choice A. $2,000. B. $4,000 C. $3,000. D. $2,250.

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