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An investor is interested in purchasing a $60,000 bond that is quoted at q = 102.75. You are given the accrued interest is $513.50. What
An investor is interested in purchasing a $60,000 bond that is quoted at q = 102.75. You are given the accrued interest is $513.50. What is the full (dirty) price of this bond?
- A.
$59,486.50
- B.
$60,513.50
- C.
$62,163.50
- D.
$61,136.50
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