Question: and why? A $1,000 face value bond with a quoted price of 97 is selling for A) $1,000 B) $970. ) $907. D) $97

and why? A $1,000 face value bond with a quoted price

and why?

A $1,000 face value bond with a quoted price of 97 is selling for A) $1,000 B) $970. ) $907. D) $97

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