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The Following Bond Quotation Indicates That the Holder Expects to Receive

Question 6

Multiple Choice

The following bond quotation indicates that the holder expects to receive in interest annually:
 PACEI 11 s 09 11.62095−1\begin{array} { l l l l l l } \text { PACEI } & 11 \text { s 09 } & 11.6 & 20 & 95 & - 1\end{array}


A) $90
B) $116
C) $95
D) $110

Correct Answer:

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