On June 20, Betty Carper purchased eight JVT 7.2s09 bonds that pay interest semiannually on April 1 and October 1. Calculate the accrued interest Betty paid to the seller. (Assume a 360-day year.)

Question

On June 20, Betty Carper purchased eight JVT 7.2s09 bonds that pay interest semiannually on April 1 and October 1. Calculate the accrued interest Betty paid to the seller. (Assume a 360-day year.)​

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The Answer of On June 20, Betty Carper purchased eight JVT 7.2s09 bonds that pay interest semiannually on April 1 and October 1. Calculate the accrued interest Betty paid to the seller. (Assume a 360-day year.)​

On June 20, Betty Carper Purchased Eight JVT 7