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AIWMI Exam CCRA-L2 Topic 2 Question 15 Discussion
Actual exam question for
AIWMI's
CCRA-L2 exam
Question #: 15
Topic #: 2
[All CCRA-L2 Questions]
Topic #: 2
A coupon bond is trading at 110% of the USD 1000 par value. If the last interest payment was made one month ago and the coupon rate is 12%, the accrued interest on this bond is_______
Suggested Answer:
D
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