A Bond with a Face Value of ¥200,000,000 and a Quoted

question 101

Multiple Choice

A bond with a face value of ¥200,000,000 and a quoted price of 101¼ has a selling price of

• A) ¥220,450,000.
• B) ¥202,050,000.
• C) ¥200,250,000.
• D) ¥202,500,000.

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