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If $1,000 face amount of bonds are issued at a price of 97, the cost of the bonds is? A. 97 B. 970 C. 1,000
If $1,000 face amount of bonds are issued at a price of 97, the cost of the bonds is?
A. 97
B. 970
C. 1,000
D. 1,020
E. None of the above
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