Which of the following is applicable to corporate bonds in the United States?
A)Actual/360
B)Actual/Actual
C)30/360
D)Actual/365

Name: Which of the following is applicable to corporate bonds in the United States? A)Actual/360 B)Actual/Actual C)30/360 D)Actual/365
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Question

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30/360 is the most commonly used day-count convention for calculating the accrued interest on corporate bonds in the United States. Actual/360, Actual/365, and Actual/Actual are also used, but are less common.

Which of the Following Is Applicable to Corporate Bonds in the United