Multiple Choice
A corporate bond is quoted at a current price of 101.387. What is the market price of a bond with a $1,000 face value?
A) $1,001.39
B) $1,010.39
C) $1,013.87
D) $1,103.87
E) $1,138.70
Correct Answer:
Verified
Correct Answer:
Verified
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