Multiple Choice
Solve the problem.
-Claire Hummell bought 2 Hecht Company (HCO) bonds maturing in 2032. According to the bond table, the last price is listed as 98.375. With a sales commission of $1 per bond, find the total purchase price.
A) $1,016.25
B) $1,967.50
C) $1,969.50
D) $1,965.50
Correct Answer:
Verified
Correct Answer:
Verified
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