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A Treasury bond has a face value of $50,000 and a quoted price of 103:15. What's the bond's dollar price? Show work if possible. A.
A Treasury bond has a face value of $50,000 and a quoted price of 103:15. What's the bond's dollar price? Show work if possible.
A. $54,658.92 B. $53,242.89 C. $52,185.26 D. $51,781.25
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