A corporate bond is quoted at 102-5/8. A customer buying 10 bonds would pay:

A corporate bond is quoted at 102-5/8. A customer buying 10 bonds would pay:

A corporate bond is quoted at 102-5/8. A customer buying 10 bonds would pay:



A) $10,025.80.

B) $10,258.00.

C) $10,285.00.

D) $10,262.50.



Answer: D) $10,262.50.


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