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Examine the following typical corporate bond listing:

In the name column, NYTel is the abbreviated name of the company (New York Telephone) issuing the bond. What was the closing price of the bond? What was the dollar amount? (See attachments)

a. 101 3/4; $101,750
b. 7 1/4; $7250
c. 101 3/4; $1017.50
d. 107 1/4; $1072.50

Examine the following typical corporate bond listing: In the name column, NYTel is-example-1
Examine the following typical corporate bond listing: In the name column, NYTel is-example-1
Examine the following typical corporate bond listing: In the name column, NYTel is-example-2
User JimS
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1 Answer

6 votes

Answer:

C. 101 3/4; $1017.50

Explanation:

Correct on E2020!

Examine the following typical corporate bond listing: In the name column, NYTel is-example-1
User Lefty G Balogh
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4.5k points