Bonds chaper 6 Flashcards
1
Q
bonds
A
securities the oblige the issuer to make payments to a bondholder
2
Q
coupon
A
the interest payment made
3
Q
face value
A
payment at he maturity date of the bond
4
Q
clean price
A
does not include accrued interest
5
Q
dirty price
A
includes accrued interest
