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nd quote: a municipal bond quoted at 101 25. If the municipal bond has a par value of $5,000, what is the price of the

nd quote: a municipal bond quoted at 101 25. If the municipal bond has a par value of $5,000, what is the price of the bond in dollars? Multiple Choice $5,089.06 $5,062.50 $5,109.75 5,050.19

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