问题
单项选择题
In the context of bonds, accrued interest: （）
A. equals interest earned from the previous coupon to the sale date.
B. covers the part of the next coupon payment not earned by seller.
C. is discounted along with other cash flows to arrive at the dirty, or full price.
答案
参考答案：A
解析：
Accrued interest can occur on all bonds with periodic coupon payments, not just bonds with payment frequencies greater than one year. Accrued interest is not discounted when calculating the price of the bond. The statement, "covers the part of the next coupon payment not earned by seller," should read, "---not earned by buyer. "