When you purchase a bond, why do you have to pay accrued interest?

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Investments An Introduction

ISBN: 978-1305638419

12th edition

Authors: Herbert B. Mayo

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Question Posted: Sep 07, 2016 09:19 AM

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When you purchase a bond, why do you have to pay accrued interest?

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Interest on a bond is earned accrues daily but is distri...View the full answer

Investments An Introduction

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