In the U.S.,bond price quotations are based on the price of a bond with no accrued or earned interest,which is called the:
A)dirty price.
B)asked price.
C)spread.
D)clean price.
E)coupon price.

Question

Quizplus · Accepted Answer

The correct term for the price of a bond without any accrued interest is the "clean price." This is in contrast to the "dirty price," which includes accrued interest.

In the US,bond Price Quotations Are Based on the Price of a of a Bond