Accountancy, asked by manjitsharma853, 8 months ago

What is Ex-interest price of debenture?

Answers

Answered by ashauthiras

8

Answer:

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.

Explanation:

Answered by PriyankaPriyanka

1

Answer:

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Ex-Interest Price : 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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