Explain the difference between dirty (full) and clean bond prices? What is the significance of the difference

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Explain the difference between dirty (full) and clean bond prices? What is the significance of the difference in the prices for a bond buyer?

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Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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Question Posted: Feb 13, 2015 09:38 AM

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Explain the difference between dirty (full) and clean bond prices? What is the significance of the difference

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In market jargon how accrued interest is treated in bond pricing is the basis for th...View the full answer

Personal Financial Planning

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