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Find the amount f cash paid by the investor would be

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Question 1: When the interest payment dates of a bond are May 1 and November 1 and a bond is purchased on June 1, the amount f cash paid by the investor would be?

a. Decreased by accrued interest from June 1 to Novemeber 1.

b. Decreased by accrued interest fro May 1 to June 1

c. Increased by accrued interest from June 1 to Novemeber 1

d. Increased by accrued interest from May 1 to June 1

Reference no: EM132513245

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