Consider a 7.75% semiannual coupon bond with a par value of $100 and four remaining coupons, which is trading at a yield of 8.375%. There are 74 days remaining in the current period that has a total of 182 days. The accrued coupon of this bond is closest to:
Consider a 7.75% semiannual coupon bond with a par value of $100 and four remaining coupons, which is trading at a yield of 8.375%. There are 74 days remaining in the current period that has a total of 182 days. The accrued coupon of this bond is closest to: A.1.59; B.2.30; C.3.18; D.4.57