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Darby buys $500,000 worth of SE Company 10.0% April 12 bonds that mature in 8...

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Darby buys $500,000 worth of SE Company 10.0% April 12 bonds that mature in 8 years at a price of 102 on Monday, June 4. Assuming that all weekdays in the current and following weeks are clearing days and the bond pays interest semi-annually, calculate the total amount that Darby would pay on settlement. $517,123.28 $510,000 $517,534.25 $507,534.25

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