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What is bobby total cost for the bond

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Reference no: EM132711554

On November 24, 2020 Bobby purchases a $10,000 Telus 5% semi-annual bond that matures in March 15, 2028 and pays 101.5.

a) Calculate the accrued interest.

b) What is Bobby's total cost for the bond?

Reference no: EM132711554

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