Interest that has been earned but not yet received. The purchaser of a bond in the market pays the seller the value of the accrued interest, as the former will receive the full coupon when it is next paid.
BANK PO PREPARATION VIDEO COURSES
BANK PO PREPARATION VIDEO COURSES
Interest that has been earned but not yet received. The purchaser of a bond in the market pays the seller the value of the accrued interest, as the former will receive the full coupon when it is next paid.
