The Price of a Bond, Net of Accrued Interest, Is

question 57

Multiple Choice

The price of a bond, net of accrued interest, is referred to as the bond's:

• A)dirty price.
• B)par value.
• C)clean price.
• D)maturity value.
• E)discount value.

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Definitions:

Capital

Refers to financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the tangible machinery and production equipment used in environments such as factories.

Corporate Bond

A debt security issued by a corporation and sold to investors, promising to pay back with interest at a future date.

Outputs

The goods or services produced by a company or an economy.

Production Process

The series of actions or steps taken in order to create a product or service.