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A $1,000 face value bond quoted as 102.16 sells for _____ and a bond quoted as 99:08 sells for _____.
A. $1020.16; $990.80
B. $1020.16; $992.50
C. $1,021.60; $992.50
D. $1,021.60; $990.80
E. $1025.00; $992.50
Financial Management, Finance
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