Question
If a Bond has a quote of 98.230 at closing, then how much would you pay if you purchased the Bond? $982.30. $98.23. $982.00
If a Bond has a quote of 98.230 at closing, then how much would you pay if you purchased the Bond? $982.30. $98.23. $982.00 O $9,823.00. 9 A Bond with a quote 98.230 would be selling. at maturity value above maturity value only at par value below maturity value 85%
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Microeconomics An Intuitive Approach with Calculus
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