- This topic has 1 reply, 2 voices, and was last updated 4 years, 4 months ago by .
-
Topic
-
I have the following answer explanation from Ninja that I need clarification on:
“The issuer pays the holder the face amount at maturity, but has no interest payments until its maturity. The issuer and purchaser must recognize interest expense and income, respectively, throughout the bond term.”
How do we have no interest payments yet still recognize interest expense?
Viewing 1 replies (of 1 total)
Viewing 1 replies (of 1 total)
- You must be logged in to reply to this topic.