The answer is : The bond is listed at 99.125%.
Step-by-step explanation:
Given is - The dollar price of a 1,000.00 face value bond is 991.25.
So, the purchase price is $991.25 and the bonds are worth of $1,000.
Hence, the bond is listed at:
= 99.125%
The bond is listed at 99.125%.
x = 44/6
Step-by-step explanation:
10-2(x-7)= 4(x-5)
10-2x+14 = 4x-20
-2x +24 = 4x - 20
-2x -4x = -20 -24
-6x = -44
x = 44/6