How much will an investor pay for a ($ 100,000) bond priced at (1017 / 8), plus
Question:
How much will an investor pay for a \(\$ 100,000\) bond priced at \(1017 / 8\), plus a brokerage commission of \(\$ 1,100\) ? (p. 639)
a. \(\$ 100,000\)
b. \(\$ 101,100\)
c. \(\$ 101,875\)
d. \(\$ 102,975\)
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Related Book For 
Financial Accounting
ISBN: 9780133118209
2nd Edition
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
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