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A bond with a face value of $100,000 and a quoted price of 99 has...

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Question

Accounting

A bond with a face value of $100,000 and a quoted price of 99 has a selling price of:

Select one:

a. $100,000

b. None of the above

c. $199,000

d. $101,000

e. $99,000

Answer & Explanation Solved by verified expert
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