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You buy $ 1 0 , 0 0 0 par value of U . S . government 1 0 % bonds at a price of

You buy $10,000 par value of U.S. government 10% bonds at a price of 98,75 days into the interest. If you pay a Commission to your broker of $50 how much does the trade cost you, including accrued interest? (5 points)
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