Mathematics, 12.04.2021 16:50, holamigosss

Calculate the closing price of a bond that has a face value of $1,000 and is closing at 101 7/8% of the face value. A. $1,001.78
B. $1,000.78
C. $1,018.75
D. $1,000.75

Answers: 3

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Calculate the closing price of a bond that has a face value of $1,000 and is closing at 101 7/8% of the face value. A. $1,001.78 B. $1,000.78 C. $1,018.75 D. $1,000.75

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Other questions on the subject: Mathematics

Questions in other subjects:

Calculate the closing price of a bond that has a face value of $1,000 and is closing at 101 7/8% of the face value. A. $1,001.78
B. $1,000.78
C. $1,018.75
D. $1,000.75