Multiple Choice
A corporate bond is quoted at a current price of 102.77. What is the market price of a bond with a $1,000 face value?
A) $1,000.28
B) $1,002.77
C) $1,027.70
D) $1,102.77
E) $1,276.70
Correct Answer:
Verified
Correct Answer:
Verified
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