Multiple Choice
Today,August 13,you want to buy a bond with a quoted price of 101.5.The bond pays interest on February 1 and August 1.The price you will pay to purchase this bond is equal to the:
A) clean price.
B) muddy price.
C) dirty price.
D) par value price.
E) bid price.
Correct Answer:
Verified
Correct Answer:
Verified
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