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Please answer question and show all work/steps. Thanks! A T-bond with a $1,000 par is quoted at 97:14 bid, 97:15 ask. The clean price for

Please answer question and show all work/steps. Thanks! image text in transcribed
A T-bond with a $1,000 par is quoted at 97:14 bid, 97:15 ask. The clean price for you to buy this bond is A. $974.38. B. $975.42 C. $974.69 $975.77. E. none of the options

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