Does this mean…
A zero coupon bond maturing in 2035 sold at a discount for $700?
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that would be my guess. can’t wait to hear the experts reply
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“Zr 35 at 70”
Yep, that’s correct!
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Just like @Justin said, you are correct @Matthew! Although we cover bond quotes in the Achievable material, I’m adding some additional information regarding quotes that look like this. You’ll see an update at some point over the weekend. I’ll be sure to come back to the forum and let everyone know when this occurs.
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I’ve now updated our material on quotes for the following Achievable programs:
If you’re interested in seeing the updates, click the appropriate link above and scroll down. For the SIE and Series 7 programs, all of the updated information is towards the bottom of the chapter. For the Series 66 program, the updated information is about midway through the chapter, and additionally summarized at the bottom.
I hope this helps! Please let me know if you have any questions.
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Thanks Brandon, nice^
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