Coupon payment accrued between last payment and settlement date is classified as
A. paid interest
B. unpaid interest
C. zero interest
D. accrued interest
Answer: Option D
Solution(By Examveda Team)
Coupon payment accrued between last payment and settlement date is classified as accrued interest. An accrual bond is a bond that does not pay periodic interest payments.This Question Belongs to Management >> International Finance And Treasury
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