What Is the Dirty Price of a Bond

question 13

Multiple Choice

What is the dirty price of a bond?

• A) the bond's price based only on the bond's yield
• B) the bond's actual cash price
• 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:

Lignite Coal

A soft brownish coal showing traces of plant structure, the lowest grade of coal due to its relatively low heat content.

Bituminous Coal

A type of coal noted for its relatively high energy and carbon content, used primarily for electricity generation and steel production.

Superinsulation

An approach to building design and construction that greatly increases thermal resistance, significantly reducing heating and cooling demands.

Active Solar Heating

A system that uses solar energy to heat a fluid (either liquid or air), transferring this heat to the interior of a building or to a storage tank for later use.