Q.

If the purchase price of debentures excluding interest for the expired period, the quotation is said to be …………..

A. Ex‐interest
B. Cum‐interest
C. Co‐interest
D. None of these.
Answer» A. Ex‐interest
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Aisha Anne
10 months ago

What does the term "ex-interest" mean in relation to the purchase price of debentures?
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