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goldfiish [28.3K]
3 years ago
14

If the paper reports a particular corporate bond price as 79.5, the price an investor would have to pay is ________.

Business
1 answer:
mylen [45]3 years ago
6 0
The answer is an investor would have to pay is $795. A bond quote is the last price at which a bond traded, expressed as a percentage of par value and transformed to a point scale. Par value is generally set at 100, signifying 100% of a bond's face value of $1,000 meaning the price of the bond is quoted as a percentage of $1000. In this case, the price is 79.5% of $1,000 or $795. This would be considered as a discounted bond. 
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This is further explained below.

<h3>What is Cross-dock?</h3>

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In conclusion, The Cross-dock kind of product flow option involves the movement of items between facilities by way of an intermediate facility. Within this facility, commodities are swiftly sorted and mixed before being delivered directly to the consumer.

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