How much is the accrued interest on the bonds

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Question 1: Ruby corp issued bonds on March 31 year 2. the bonds were dated december 31, year 1, have a face value of 1000000 and a coupon rate of 4%. they were sold to yield 3.2%. The bonds pay interest twice per year on June 30 and December 31.how much is the accruedinteerst on the bonds? round to nearest dollar

Reference no: EM132576719

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