Accrued Interest - Clean Versus Dirty Bond Price

This video explains the concept of accrued interest and how to calculate accrued interest to arrive at the clean price of the bond.  Accrued interest is the amount of interest that has accumulated since the last coupon payment.  It can be calculated by multiplying the coupThis video explains the concept of accrued interest and how to calculate accrued interest to arrive at the clean price of the bond.  Accrued interest is the amount of interest that has accumulated since the last coupon payment.  It can be calculated by multiplying the coupon payment * (# of days from last coupon payment / # of days between coupon payments)

The speaker illustrates his point through a detailed example