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A $900 Bond,redeemable for $950,is Bought on July 23,2010 at a Market

Question 82

Multiple Choice

A $900 bond,redeemable for $950,is bought on July 23,2010 at a market quotation of q = 101.35.The accrued interest is $29.58.What is the full price of the bond?


A) $1043.08
B) $979.58
C) $941.73
D) $929.58

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