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A $1,000 face value bond quoted as 101.23 sells for _____ and a bond quoted as 98:06 sells for: a. $101.23; $98.06. b. $101.23; $98.1875.
A $1,000 face value bond quoted as 101.23 sells for _____ and a bond quoted as 98:06 sells for:
a. $101.23; $98.06.
b. $101.23; $98.1875.
c. $1,012.30; $98.06.
d. $1,012.30; $980.60.
e. $1,012.30; $981.875.
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
12th Edition
0357442156, 978-0357442159
