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A bond's quoted price is 105 % and its par value is $3,000, what is its dollar value? Select one: a. 3172.5 b. 3000 C.

A bond's quoted price is 105 % and its par value is $3,000, what is its dollar value? Select one: a. 3172.5 b. 3000 C. 3105.75

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