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11). The total cost of borrowing on a 10 year, 4%, $1,000 bond that is sold for $970 is: a. $370. b. $400. c. $430.

11). The total cost of borrowing on a 10 year, 4%, $1,000 bond that is sold for $970 is: a. $370. b. $400. c. $430. (1. $970

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