Examlex

Solved

Match Each Definition to One of the Following Items

question 27

Multiple Choice

Match each definition to one of the following items.
-A stroke that lasts only a few minutes


Definitions:

Dirty Price

The price of a bond including accrued interest, also known as the full or invoice price. This is the price the buyer actually pays.

Clean Price

The price of a bond excluding any accrued interest; the price that is typically quoted in the bond market.

Quoted Price

The last price at which a security or commodity was traded and is publicly available.

Par Value

The face value of a bond or stock as stated by the issuer, which has implications for interest calculations or dividends.

Related Questions