Since bond market values are expressed as a percentage of their bond value, a $1,000 bond that is being sold at 93 would be trading at $ .

Since bond market values are expressed as a percentage of their bond value, a $1,000 bond that is being sold at 93 would be trading at $ .

$930

Explanation:

a) Calculation:

93% of $1,000 = $930

b) Let assume that Jophas Company sells its bond at $930.  It implies that the bond is being sold at a discount.  The bond is discounted when its selling price of $930 is less than the face value of $1,000.  The bondholders are paying less than they would be paid at the bonds' maturity.  At maturity, the bondholders will be paid $1,000 for each of the bonds they hold.  This is in addition to the coupon payments that will be paid by the company periodically.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

it's d. out with the planting and harvest of the crops.