stravis5581 stravis5581
  • 29-07-2017
  • Business
contestada

If the paper reports a particular corporate bond price as 79.5, the price an investor would have to pay is ________.

Respuesta :

shinmin
shinmin shinmin
  • 11-08-2017
The answer is an investor would have to pay is $795. A bond quote is the last price at which a bond traded, expressed as a percentage of par value and transformed to a point scale. Par value is generally set at 100, signifying 100% of a bond's face value of $1,000 meaning the price of the bond is quoted as a percentage of $1000. In this case, the price is 79.5% of $1,000 or $795. This would be considered as a discounted bond. 
Answer Link

Otras preguntas

reacts most vigorously with water a. Alkali metal b. Alkaline earth metal c. Transition metal d. Halogen e. Noble gas
What is the mass of 1 L of a gas at STP whose molar mass is 254 g/mol? a. 11.3 g b. 25.4 g c. 30.6 g d. 76.5 g e. 254 g Can you please explain with some deta
an inflated balloon rubbed by a piece of wool and prssed against the wall sticks. which force acts on it?
If you run 6. Miles an hour how long will it take to do 18 miles help quick pls
how does Jefferson describe the effect of slavery on the morals and behavior of white Virginians
what did the national anthem urge the french to do?
How to find next number in this sequence. 2,7,26,101,400?
What is necessary to convict someone of treason?
how do i solve this problem 4s -12 = -5s + 51
what words would you describe persistence as an acrostic poem?