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Simplify Write Your Answers in the Form of A+bi, Where (97i)(85i)( 9 - 7 \mathrm { i } ) ( 8 - 5 \mathrm { i } )

question 161

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Simplify. Write your answers in the form of a+bi, where a and b are real numbers.
- (97i) (85i) ( 9 - 7 \mathrm { i } ) ( 8 - 5 \mathrm { i } )

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Definitions:

Clean Price

The price of a bond net of accrued interest; this is the price that is typically quoted.

Coupon Bond

A type of bond that pays the holder periodic interest payments based on a predetermined rate (the "coupon rate") until it matures, at which point the principal (or face value) is repaid.

Yield To Maturity

The total expected return on a bond if held to its maturity date, including both interest payments and any gain or loss if the bond was purchased at a discount or premium.

Market Price

The current price level for transactions involving assets or services in a trade environment.

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