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f a bond is quoted in the newspaper at 78.5, what is its price? (Round your answer to 2 decimal places.) Multiple Choice $1,000.00 $7.85

f a bond is quoted in the newspaper at 78.5, what is its price? (Round your answer to 2 decimal places.)

Multiple Choice

  • $1,000.00

  • $7.85

  • $785.00

  • $1,078.50

  • $78.50

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