Question: A bond makes semi-annual interest payments at a coupon rate of 4.6% per year on 15 January and 15 July each year. What is the

 A bond makes semi-annual interest payments at a coupon rate of

A bond makes semi-annual interest payments at a coupon rate of 4.6% per year on 15 January and 15 July each year. What is the accrued interest (per $100 of face value) if the bond changes hands on 18 March 2020? a. $0.784 b. $0.788 c. $0.796 d. $0.801

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