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1. A bond dealer quotes a bid price of 100.1 and an ask price of 100.2 Assuming a par value of $1,000, the quotes indicate

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1. A bond dealer quotes a bid price of 100.1 and an ask price of 100.2 Assuming a par value of $1,000, the quotes indicate that 2. A. A you can purchase this bond from the dealer for $1,002 and sell it to him for $1,001. B. You can sell this bond to the dealer for $1,002. C. You can buy or sell at the average of the two prices. D. None of the above. What is the future value of $50,000 after 10 years, assuming a 8% rate of return to be compounded monthly? $121.966.51 $110,982.01 $124,000.20 $124,966,51 None of the above A bond that sells for more than its par value is called a ... bond. discount junk B. C. D. E. 3. A B. c. investment grade D CCC rated E. premium

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