Which of the following statement is incorrect? Question 3

Answer

a. Dirty price is the price of bonds that include accrued interest between coupon payment.

b. Full price refers to the quoted price on most financial news and database.

c. Accrued interest is the interest earned since the last coupon payment date and is paid by a bond buy to a bond seller.

d. Clean price is the quoted price of the bond without accrued interest.