Coupon payment accrued between last payment and settlement date is classified...

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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.

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