Question: A $ 2 , 0 0 0 bond quoted at 9 8 could be purchased or sold for a . $ 2 , 0 9

A $2,000 bond quoted at 98 could be purchased or sold for
a. $2,098.
b. $1,960.
C. $2,000.
d. between $2,000 and $2,098, depending on the maturity date of the bond.
A $2,000 bond quoted at 98 could be purchased or sold

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