On Tuesday October 30, 20XX, an investor sold the following bond at 99: $250,000 face value, 5% Government of Canada semi-annual pay bond, maturing on December 1, 20XX. Calculate the total proceeds that the seller will receive, including accrued interest.   

Answer rating: 100% (QA)

To calculate the total proceeds that the seller will receive including accrued interest we need to c... View the full answer