Consider Bond XYZ Coupon rate: 9,75% per year Yield to maturity: 11,4% per year Maturity date: 15 April 2046 Settlement date: 29 November 2021 The accrued interest is [1] R1,20205%. [2] R2,34537%. [3]...

Consider Bond XYZ

Coupon rate: 9,75% per year

Yield to maturity: 11,4% per year

Maturity date: 15 April 2046

Settlement date: 29 November 2021

The accrued interest is

[1] R1,20205%.

[2] R2,34537%.

[3] R5,87781%.

[4] R1,18207%.

[5] none of the above

answer

Days to Last Coupon paid = 228 Days

Rate for the full year = 9.75%

Rate for 228 Days = 9.75%*228/365 =

6.0904%

Hence option [5] none of the above is correct one

is this answer right? and where did the 228 days come from?