Accrued interest

Multiple Choice

is quoted in the bond price in the financial press.

must be paid by the buyer of the bond and remitted to the seller of the bond.

must be paid to the broker for the inconvenience of selling bonds between maturity dates.

is quoted in the bond price in the financial press and must be paid by the buyer of the bond and remitted to the seller of the bond.

is quoted in the bond price in the financial press and must be paid to the broker for the inconvenience of selling bonds between maturity