Which of the following choices would not be the actual price paid for a debt obligation that considers the amount of accrued interest on the security?

Question

Quizplus · Accepted Answer

The clean price of a bond does not include accrued interest, which means it is the price of the bond itself without considering the interest that has accumulated since the last payment. The dirty price (or invoice price) includes this accrued interest, reflecting the actual amount paid for the bond. The cash price can also include accrued interest, similar to the dirty price.

Which of the Following Choices Would Not Be the Actual