Concept check 1. 54/32 converted to a mixed number is 22/32 1.6875 1/38 1 22/32 2. the product of one and four thirty-seconds and twenty thirty-seconds is 1 24/32 45/64 56/32 720 3. one and eight thirty-seconds divided by twelve thirty-seconds is 480/1024 20/1024 3 1/3 3 40/32 4. a u. s. treasury bond is trading at 98 and 6/32. convert this price to its decimal form. 98.19 96.63 9/86 98.06 5. what is the percentage increase if the s& p 500 index is currently trading at 1,100 and rises 55 points? 4.5% 5% 55% 5.5%