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

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

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A $1,000 face value bond with a quoted price of 98 is selling for
A) $1,000.
B) $980.
C) $908.
D) $98.

Option 1

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