What Is the 'Dirty Price' of a Bond

question 9

Multiple Choice

What is the 'dirty price' of a bond?

• A)the bond's actual cash price
• B)the bond's price based only on the bond's yield
• C)the bond's price based only on coupon payments
• D)the bond's price less an adjustment for changes in interest rates

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Definitions:

Social Approval

The affirmation, acceptance, or endorsement by members of a society or group, often influencing behavior and conforming to societal norms.

Conformity

The act of aligning one's behaviors, attitudes, or beliefs to match those of a group or societal norms.

Social Norms

Rules and standards that are understood by members of a group and that guide and constrain social behavior without the force of laws.

Bearers of Culture

Individuals or groups that carry, transmit, and preserve cultural traditions and values.