Question: C u 9 . Abond makes semi - annual interest payments at a coupon rate of 4 . 8 % per year on 1 5

Cu 9. Abond makes semi-annual interest payments at a coupon rate of 4.8% per year on 15 January and 15 July each year. What is the accrued interest (per $1,000 of face value) if the bond changes hands on 15 March 2020?(Give your answer to 3 decimal place)) Convention: 30/360

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