What is the "dirty" price of a bond?

What will be an ideal response?

The "dirty" (or "full") price is the amount that the buyer agrees to pay the seller, which is the agreed-upon price plus accrued interest. The price of a bond without accrued interest is called the clean price. The exceptions are bonds that are in default. Such bonds are said to be quoted flat, that is, without accrued interest.

Business

You might also like to view...

The objective function of a goal programming model includes only functional variables

a. True b. False

Business

There are no limitations on the number of constraints or variables that can be graphed to solve an LP problem

Indicate whether the statement is true or false

Business