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Scott Malooly recently paid 109.05 for a $1,000 face value, semi-annual coupon bond with a quoted price of 105.19. Assuming that transaction costs are zero, which of the following statements is most accurate? A. The price Malooly paid covers the amount of the next coupon payment not earned by the seller. B. Malooly purchased the bond between coupon dates. C. The bond was trading ex-coupon. D. The price Malooly paid includes the discounted amount of accrued interest due to seller. |