An investment is made on may 24 for 50000 5 bonds at par
Question - An investment is made on May 24 for $50,000, 5% bonds at par value. Interest is payable on March 31 and September 30. What is the accrued interest on the purchase date?
A. 167
B. 875
C. 375
D. 555
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question - an investment is made on may 24 for 50000 5 bonds at par value interest is payable on march 31 and september
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