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A bond with a par value of $5,000 is quoted at 97.198. What is the dollar price of the bond? $4,832.13 $4,813.62 $4,808.95 $4,859.90 $4,892.30

A bond with a par value of $5,000 is quoted at 97.198. What is the dollar price of the bond?

  • $4,832.13

  • $4,813.62

  • $4,808.95

  • $4,859.90

  • $4,892.30

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