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    Exam 6: Bond Markets
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    A T-Bond with a $1,000 Par Is Quoted at 97
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A T-Bond with a $1,000 Par Is Quoted at 97

Question 44

Question 44

Multiple Choice

A T-bond with a $1,000 par is quoted at 97: 14 bid,97:
15 ask. The clean price for you to buy this bond is


A) $974.38.
B) $975.42.
C) $974.69.
D) $975.77.
E) none of the options.

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