Why are bonds sold for a price plus accrued interest? What happens to accrued interest when the

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Why are bonds sold for a price "plus accrued interest"? What happens to accrued interest when the bonds are sold by an individual?

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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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Question Posted: Jun 10, 2024 01:25 AM

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Why are bonds sold for a price plus accrued interest? What happens to accrued interest when the

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Financial Accounting

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