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What is Jonah total cost for the bond

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Reference no: EM132765079

Question - Today (November 24) Jonah purchases a $10,000 Telus 5% semi-annual bond that matures in March 15, 2028 and pays 101.5.

Required -

a) Calculate the accrued interest.

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

Reference no: EM132765079

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