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Bonds trade on an accrual interest basis. This means an investor: A. buy a bond at any time and receive an immediate interest check B.
Bonds trade on an accrual interest basis. This means an investor:
A. | buy a bond at any time and receive an immediate interest check | |
B. | can buy a bond at any time and gain the interest accrued from the time of the last payment | |
C. | can sell a bond at any time and retain the interest portion of the bond | |
D. | can sell a bond at any time without losing the interest that has accrued |
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