17. A bond with a par value of $5,000 is quoted at 103.936. What is the dollar price of the bond? ? $4,828.95 $5,231.45 $5,196.80 $5,147.31 ? $5,167.10
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The bond is quoted at 103.936, which means it is trading at 103.936% of its par value. Show more…
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