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Accrued interest is designed to:

Accrued interest is designed to:

A.

Compensate the buyer of an interest-bearing bond for interest earned, (but not paid) since the previous coupon payment date

B.

Compensate the seller of an interest-bearing bond for interest earner, (but not paid) relating to the next coupon payment date

C.

Compensate the buyer of an interest-bearing bond for interest earned, (but not paid) relating to the next coupon payment date

D.

Compensate the seller of an interest-bearing bond for interest earned, (but not paid) since the previous coupon payment date

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