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Assume a $1000 par value bond has a price quote of 97.25. What is the price of the bond? A) $1,072.50 B) $956.00 C $1,056.00
Assume a $1000 par value bond has a price quote of 97.25. What is the price of the bond?
A) $1,072.50
B) $956.00
C $1,056.00
D) $972.50
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Modern Financial Markets Prices, Yields, And Risk Analysis
Authors: Mark Griffiths, Drew Winters, David W Blackwell
1st Edition
0470000104, 9780470000106
