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How is accrued interest on a bond treated when the bond is sold? a ) It is added to par to get the ask price.
How is accrued interest on a bond treated when the bond is sold?
a It is added to par to get the ask price.
b It is deducted from the purchase price before issuing the bond.
c It is paid by the purchaser of the bond to the seller.
d It is subtracted from par to get the bid price.
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