Multiple Choice
A $2,000 bond was purchased between bond coupon dates for a purchase price (full price) of $2500.29.The accrued interest on the date of sale was $53.70.What is the market quote per $100 (q) on the date of sale?
A) 122.33
B) 127.70
C) 244.66
D) 255.40
Correct Answer:
Verified
Correct Answer:
Verified
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