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Dianne Wilkins purchased a $4,250 bond at the quoted price of 83 1/2. The bond paid interest at a rate of 5 percent. What is the cost of the bond?

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Dianne Wilkins purchased a $4,250 bond at the quoted price of 83 1/2. The bond paid interest at a rate of 5 percent. What is the cost of the bond?






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