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    Exam 10: Liabilities
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    The Issue Price of Each $1,000 Bond That Pays Interest
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The Issue Price of Each $1,000 Bond That Pays Interest

Question 176

Question 176

Multiple Choice

The issue price of each $1,000 bond that pays interest at 5% and has a bond price of 102.10 equals:


A) $1,021.
B) $1,050.
C) $950.
D) $1,000.

Correct Answer:

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