Asked by
Ashley Lozano
on Nov 04, 2024
Verified
Accrued interest
A) is quoted in the bond price in the financial press.
B) must be paid by the buyer of the bond and remitted to the seller of the bond.
C) must be paid to the broker for the inconvenience of selling bonds between maturity dates.
D) is quoted in the bond price in the financial press and must be paid by the buyer of the bond and remitted to the seller of the bond.
E) is quoted in the bond price in the financial press and must be paid to the broker for the inconvenience of selling bonds between maturity dates.
Accrued Interest
Interest that has been incurred but not yet paid, often considered in bond pricing and transactions.
Financial Press
Media outlets that provide news, analysis, and commentary on financial and economic subjects, including markets and business trends.
Bond Price
The market value of a bond, which fluctuates based on interest rates, credit quality, and the bond's time to maturity.
- Understand the consequences of accumulated interest in bond dealings.
Verified Answer
SB
Learning Objectives
- Understand the consequences of accumulated interest in bond dealings.