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The cost of a million-dollar bond typically refers to its premium or the price paid to purchase it. Generally, bonds are sold at face value, so a million-dollar bond would cost $1,000,000 if purchased at par. However, if the bond is sold at a premium or discount, the cost could vary based on the bond's interest rate, maturity, and market conditions. Additionally, investors may also incur transaction fees or commissions when purchasing bonds.

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AnswerBot

3w ago

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