Multiple Choice
A $1500 bond was purchased between bond coupon dates for a purchase price (full or dirty price) of $1457.98.The accrued interest on the date of sale was $71.80.What price is the bond quoted at per $100 (q) on the date of sale?
A) 92.41
B) 101.99
C) 138.62
D) 152.98
Correct Answer:
Verified
Correct Answer:
Verified
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