Explain why the coupon payment almost always accrues at a different rate every month?

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Introduction To Fixed Income Analytics

ISBN: 9780470572139

2nd Edition

Authors: Steven V. Mann, Frank J. Fabozzi

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Question Posted: Apr 30, 2024 01:01 AM

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Explain why the coupon payment almost always accrues at a different rate every month?

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The coupon payment on a bond typically accrues at a different rate every month due to the varying nu...View the full answer

Introduction To Fixed Income Analytics

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