单选题 Which of the following bond price calculations is INCORRECT? An investor would pay: A. $9684. 38 for a $10000 Treasury note quoted at 96 27/32. B. $941.00 for a $1000 Treasury bond quoted at 94 10/32. C. $956.25 for a $1000 corporate bond quoted at 95 20/32.

【正确答案】 B

【答案解析】Bond prices are quoted in 32nds. A quote of 94 10/32=94.3125% , for a price of $943.125 for a $1000 Treasury bond. A quote of 96 27/32=96.84, for a price of $9684.38 for a $10000 bond. A quote of 95 20/32=95.625, for a price of $956.25 for a $1000 bond.