Mathematics, 18.10.2020 15:01 melissaschnelting

Calculate the closing price of a bond that has a face value of $1000 and is closing at 101 7/8% of the face value. Answer Choices
A. $1001.78
B. $1000.78
C. $1018.75
D. $1000.75

Answers: 3

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Calculate the closing price of a bond that has a face value of $1000 and is closing at 101 7/8% of t...

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More questions: Mathematics Another questions

Calculate the closing price of a bond that has a face value of $1000 and is closing at 101 7/8% of the face value. Answer ChoicesA. $1001.78B. $1000.78C. $1018.75D. $1000.75

Answers

Another question on Mathematics

Calculate the closing price of a bond that has a face value of $1000 and is closing at 101 7/8% of the face value. Answer Choices
A. $1001.78
B. $1000.78
C. $1018.75
D. $1000.75