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A bond quoted as trading at 102, but with a $1,000,000 par value, would means that; The bond is trading at a discount The bond
A bond quoted as trading at 102, but with a $1,000,000 par value, would means that; The bond is trading at a discount The bond is trading at a premium The bond is trading at par The investor would pay $1,000,000 plus any accrued interest for each bond
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