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Which of the following formulas is INCORRECT?

johnpaech

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6 years ago

Which of the following formulas is INCORRECT?

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

Textbook

Corporate Finance: The Core

Corporate Finance: The Core

Edition: 4^th

Authors: Berk, DeMarzo

Read 86 times

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pbrown223

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