Question: An 8 % coupon U . S . Treasury note pays interest on May 3 1 and November 3 0 and is traded for settlement

An 8% coupon U.S. Treasury note pays interest on May 31 and November 30 and is traded for settlement on August 15. The accrued interest on the $100,000 face value of this note is
$491.80.
$800.00.
$983.61.
$1,661.20.
None of the options are correct.

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