Question: When a bond is sold between coupon payment dates, the buyer pays the seller for the: accrued interest, which is the prorated share of the
When a bond is sold between coupon payment dates, the buyer pays the seller for the:
accrued interest, which is the prorated share of the upcoming coupon payment.
prepaid interest, which is the prorated share of the upcoming coupon payment.
bond premium, which is the prorated share of the upcoming coupon payment.
bond discount, which is the prorated share of the upcoming coupon payment.
discount, which is the prorated share of the upcoming coupon payment.
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