subject
Mathematics, 18.03.2021 03:20 randall10

Edgewood School Bonds are selling at 97.223. What is the price of one of the school's $1,000 bonds? Are these bonds selling at a discount or a premium?
SOLUTION
Convert the market price to a decimal and multiply by the bond's par value.
97.223 = 0.97223; 0.97223 x $1,000 = $972.23 market price
The bond is selling at a discount because the price is less than the par value.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 20:50
In the diagram, gef and hef are congruent. what is the value of x
Answers: 1
question
Mathematics, 21.06.2019 21:30
*let m∠cob = 50°30’, m∠aob = 70° and m∠aoc = 20°30’. could point c be in the interior of ∠aob? why? a. point c could be the interior of aob but it is not the only case b. point c is the interior of aob c. point c is not the interior of aob d. the given is not possible for the plane geometry answer
Answers: 1
question
Mathematics, 21.06.2019 23:30
Which of the following vectors are orthogonal to (2,1)? check all that apply
Answers: 1
question
Mathematics, 22.06.2019 01:00
Have yall ever just farted and was like, i farted.
Answers: 2
You know the right answer?
Edgewood School Bonds are selling at 97.223. What is the price of one of the school's $1,000 bonds?...
Questions
Questions on the website: 13722367