The relevant sale or invoice price of a bond to the buyer is its

Question

Quizplus · Accepted Answer

The relevant sale or invoice price for a bond to the buyer is known as the "dirty price." This is because it includes both the actual price of the bond (the clean price) as well as any accrued interest that has built up since the last interest payment. It is the sum of the clean price and the accrued interest, and is also sometimes referred to as the "full price." Therefore, the correct answer is D) dirty price.

The Relevant Sale or Invoice Price of a Bond to the Buyer