Mathematics
28.04.2023 06:41
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The dollar price of a 1,000.00 face value bond is 991.25. this bond is listed

The dollar price of a 1,000.00 face value bond is 991.25. this bond is listed
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kylea97
kylea97
4,7(68 marks)

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:

\frac{991.25}{1000}\times100 = 99.125%

The bond is listed at 99.125%.

foreignlove1039
foreignlove1039
4,5(84 marks)

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

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