Question: ( a ) A U . S . Treasury bond pays a 7 % coupon on January 7 and July 7 . How much interest

(a) A U.S. Treasury bond pays a 7% coupon on January 7 and July 7. How much interest accrues per $100 of principal to the bondholder between July 7,2017, and August 8,2017?
(b) How would your answer be different if it were a corporate bond?
Please round your answer to the fourth decimal.

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