Question: What is a bond's accrued interest? Multiple choice question. It is the difference between the coupon rate and market rate of interest. It is additional

What is a bond's accrued interest?
Multiple choice question.
It is the difference between the coupon rate and market rate of interest.
It is additional interest that the firm must pay if interest checks are mailed late.
It is interest that has been received but not yet earned.
It is interest that has been earned but not yet received by the current bondholder.

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