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    Personal Finance Study Set 15
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    Exam 16: Investing in Bonds
  5. Question
    A $1,000 Face Value Bond with a Quoted Price of 98
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A $1,000 Face Value Bond with a Quoted Price of 98

Question 52

Question 52

Multiple Choice

A $1,000 face value bond with a quoted price of 98 is selling for


A) $1,000.
B) $98.
C) $980.
D) $988.

Correct Answer:

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