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Question 23 of 75. On July 1, 2017, Markie purchased a ten-year $10,000 bond. The bond has a stated interest rate of 4%, paya
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Answer #1
Calculation of accrued interest
accrued interest = 10000*4%*336/365
accrued interest = 400*336/365
accrued interest = 368
Option "$368" Is CORRECT
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Question 23 of 75. On July 1, 2017, Markie purchased a ten-year $10,000 bond. The bond...
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