On 12/04/01, consider a fixed-coupon bond whose features are the following: 

• face value: $1,000 

• coupon rate: 8.7% 

• coupon frequency: annual 

• maturity: 05/06/04 

We are still on 12/04/01. 

1. Compute the accrued interest taking into account the Actual/365 day-count Basis, as well as 30/360 basis . 

2. Same question if we are now on 09/06/02.

Answer rating: 100% (QA)

To compute the accrued interest for a fixedcoupon bond we need to consider the number of days that h... View the full answer