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If a bond is quoted at 97.5, it follows that the bond a. can be purchased for $975.00. b. can be purchased for $97.50. c.

If a bond is quoted at 97.5, it follows that the bond a. can be purchased for $975.00. b. can be purchased for $97.50. c. is yielding 7.5 percent. d. is trading at a premium.

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