Question:When the interest payments dates of a bond are May 1 and November 1, and a bond issue is sold on June 1, the amount of cash received by the issue will be: 

A decreased by accrued interest from June 1 to November 1. 
B decreased by accrued interest from May 1 to June 1. 
C increased by accrued interest from May 1 to June 1. 
D increased by accrued interest from June 1 to November 1. 

+ Answer
C 

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Md. Saydul Alam

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