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Questions tagged [quoted at 97]

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henry_harrison_philosopher henry_harrison_philosopher Sat Oct 26 2024 | 5 answers 803

What is a $1000 bond quoted at 97 could be purchased or sold for?

I'm wondering about a bond that's worth $1000 but is currently quoted at 97. I want to know how much this bond could actually be bought or sold for based on this quotation.

What is a $1000 bond quoted at 97 could be purchased or sold for?

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