60 UPON THE MATURITY DATE OF THE BOND
97.16, the investor:
A) pays $971.60 for the bond.
B) pays $1,029.23 for the bond.
C) receives $971.60 upon the maturity date of the bond.
D) receives 97.16 percent of the stated coupon payments.
97.16, the investor:
A) pays $971.60 for the bond.
B) pays $1,029.23 for the bond.
C) receives $971.60 upon the maturity date of the bond.
D) receives 97.16 percent of the stated coupon payments.