FoundationNumeric answer

A bond pays a $6\%$ coupon semiannually on $\$100$ face. Sixty days have passed in a $182$ -day coupon period. What is the accrued interest, to three decimals?

Answer with a number. Fractions, powers and expressions like 23/6 or C(52,5) are read correctly in practice.

The worked solution is in Premium

The answer, the full working and the one idea to take away – for this and all 1,322 questions in the bank. Answer it in practice and your working is marked, with a known mistake named when you make one.

Start the 7-day free trial Practise it with Premium

Learn the method

Bonds: yield, duration and convexity

Reported in interviews at

Citadel, DRW

More time value, rates and linear products questions

A ten-year zero-coupon bond yields 5% annually.Foundation
What is the price of a five-year zero-coupon bond with $100 face at a…Foundation
Reprice a bond three ways, part 1 of 3Foundation
A bond has modified duration 7.Applied
You hold $10 million of a bond at par with modified duration 7.Applied
A three-year bond pays a 5% annual coupon on $100 face.Applied

A bond pays a 6% coupon semiannually on $100 face. · QuantMax

A bond pays a 6%6\%6% coupon semiannually on $100\$100$100 face. Sixty days have passed in a 182182182-day coupon period. What is the accrued interest, to three decimals?

More time value, rates and linear products questions

A bond pays a $6\%$ coupon semiannually on $\$100$ face. Sixty days have passed in a $182$ -day coupon period. What is the accrued interest, to three decimals?