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Answer:
b. $3,000.00
Step-by-step explanation:
Daniel buys one bond each with a par value of $1,000 from Grath Oil, Ombor Medical Supplies, and Dwyn Horticulture.
Grath Oil bonds are selling at 120.514
Ombor Medical Supplies bonds are selling at 90.773
Dwyn Horticulture bonds are selling at 101.180.
These values have nothing to do here as we only have to find the face value.
The face value of 1 bond is $1000 so, the face value of 3 bonds will be = dollars.