Use the table for the question(s)below.
The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value):

-Which of the following formulas is INCORRECT?
A)Invoice price = dirty price
B)Clean price = dirty price - accrued interest
C)Accrued interest = coupon amount ×
D)Cash price = clean price + accrued interest

Question

Use the table for the question(s)below.
The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value):
 
-Which of the following formulas is INCORRECT?
A)Invoice price = dirty price 
B)Clean price = dirty price - accrued interest 
C)Accrued interest = coupon amount × 
D)Cash price = clean price + accrued interest

Quizplus · Accepted Answer

The Answer of Use the table for the question(s)below.
The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value):
 
-Which of the following formulas is INCORRECT?
A)Invoice price = dirty price 
B)Clean price = dirty price - accrued interest 
C)Accrued interest = coupon amount × 
D)Cash price = clean price + accrued interest

Use the Table for the Question(s)below