If a 7.5% coupon bond that pays interest every 182 days paid interest 62 days ago, the accrued interest would be

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The accrued interest for a bond can be calculated using the formula: Accrued Interest = (Annual Coupon Rate / 365) * Days Since Last Payment. For a 7.5% coupon bond that pays interest every 182 days, if it paid interest 62 days ago, the calculation would be: (0.075 / 365) * 62 = $0.0127671 * 62 = $0.79156, or when considering the context of a $1000 face value bond, it would be $7.91. However, given the options provided seem to imply a calculation error in the interpretation, the correct approach for a semi-annual bond paying every 182 days would be to adjust the formula to reflect the semi-annual payment: Accrued Interest = (Annual Coupon Rate / 2) * (Days Since Last Payment / 182). Thus, for a $1000 bond: (0.075 / 2) * 1000 * (62 / 182) = $12.77, aligning with option C.

If a 75% Coupon Bond That Pays Interest Every 182 Days Paid