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A treasury bond has a face value of $30,000 and a quoted price of 102:20. What is the bonds dollar price?
A) $30,002.80
B) 30,102.18
C) $30,654.00
D) $30,787.50
E) $47,475.00
Evaluate the original price per share that the firm sold its single issue of common stock - issue of preferred stock and one issue of common stock outstanding
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