Business, 03.08.2020 14:01 swiseman6703

"A customer purchases 3M of Chicago Water Authority 9% revenue bonds maturing in 2042 at 87. The interest payments are Mar 15th and Sept 15th. The trade took place on Tuesday, April 15th. How much accrued interest will the customer be required to pay the seller?"

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"A customer purchases 3M of Chicago Water Authority 9% revenue bonds maturing in 2042 at 87. The int...