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A corporate bond is trading at 96.5. What is the $ price of this bond? A) $96.50 B) $965 C) $961.56 D) $9650 E) $96.156

A corporate bond is trading at 96.5. What is the $ price of this bond?

A) $96.50 B) $965 C) $961.56 D) $9650 E) $96.156

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