Question: 16. A 5 year bond was first issued by ABC corporation on January 01, 2010 with a coupon rate of 6.70% what was the approximate

16. A 5 year bond was first issued by ABC corporation

16. A 5 year bond was first issued by ABC corporation on January 01, 2010 with a coupon rate of 6.70% what was the approximate accrued interest as of April 21, 2010? a. $20.36 b. $33.50 c. $40.72 d. $13.14

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