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14 A bond with face value of $250000 has bid quote of 99.1027 and an asked quote of 99.3956. How much will you, an investor,
14
A bond with face value of $250000 has bid quote of 99.1027 and an asked quote of 99.3956. How much will you, an investor, pay to purchase 10 of these bonds?
$2481228.75
$2477567.50
$2500000
$2484890.00
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Applied International Finance
Authors: Thomas J O'Brien
1st Edition
1606497340, 9781606497340
