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Q 8 A bond is currently quoted at 94.65 - If you chose to buy this bond today at the currently quoted price, how much

Q 8

"A bond is currently quoted at 94.65 - If you chose to buy this bond today at the currently quoted price, how much would you pay for the bond (Par value of the bond is $1,000)?"

$94.65

"$9,465.00 "

$946.50

"$1,000.00 "

Not possible to compute with the data provided

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