Answered

From beginner to expert, IDNLearn.com has answers for everyone. Join our community to receive prompt and reliable responses to your questions from experienced professionals.

what is the price of a $1,000 face value bond if the quoted price is 102.1?

Sagot :

Lizyanethidn

Answer:

$1,021.00

Explanation:

Bond price = 102.1% x $1,000 face value = $1,021.0

We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. IDNLearn.com has the solutions to your questions. Thanks for stopping by, and come back for more insightful information.