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please use ball plus calculator function If a broker quotes a price of 111.25 for a bond on September 10, what amount will a client

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please use ball plus calculator function

If a broker quotes a price of 111.25 for a bond on September 10, what amount will a client pay per $1,000 face value? The 7% coupon rate is payable on May 15 and November 15 of each year. (Round your answer to the nearest cent.) Flat price

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