Accrued interest and accrued interest

When a bond is purchased, the previous owner, in addition to the price determined by the respective price of the paper, also has the right to claim the share of the coupon up to the date of sale. This is because the seller has already acquired this claim in economic terms and now assigns it to the buyer.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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