Ex - interest price includes
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Explanation:
Ex-Interest Price indicates that the Accrued Interest from the Preceding Date of Interest Due to the Date of Transaction is Excluded (Not Included) in the Quoted ExInterest Price .
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0
Answer:
debentures
Explanation:
- In case the price is quoted is ex-interest, it means that the company will have to pay to the seller besides the price for debentures, interest for the period for which the seller held the debenture.
- Ex-interest is the amount of coupon interest between transaction date or settlement date and the next coupon date.
- In this regard, it is to be understood that the closing register date of the coupon is due.
The project code is #SPJ2
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