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Cloud [144]
3 years ago
5

Consider the following three bond quotes; a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipa

l bond quoted at 101.45. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars?
Business
1 answer:
r-ruslan [8.4K]3 years ago
6 0

Answer:

              Total market value of the bonds:  6,972.2

Explanation:

The "quote" will be the percent of the face value at which the title is currently  trading.

We will multiply each quoted by the face value to get the market value in dollars:

1,000 x  87.25/100     =     875.5

1,000 x 102.42/100    =   1,024.2

5,000 x 101.45/100    =   5,072.5

              Total             =  6,972.2

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older person nearing retirement might typically find it better to invest in ________ since they generally seek less risk with th
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2 years ago
A report indicated that the average real wage in manufacturing declined by 2 percent between 1990 and 2000. If the CPI equaled 1
inn [45]

Answer:

W = $27.34

Explanation:

Given data:

Percentage Decline in average income is = 2%

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Inflation rate is given as

Inflation rate = % Change in CPI

                    = (1.69 / 1.3) - 1

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Real wage = Nominal wage / Price level,  hence

Percentage change in real wage = % Change in (nominal wage - inflation rate)

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8 0
3 years ago
Who in the u.s. is responsible for maintaining money's purchasing power? the senate congress the board of governors of the feder
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3 years ago
Which of the following statements is true?a. A country cannot have comparative advantage in producing a certain item if it incur
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Answer:

. All countries can gain from trade if they all specialize in production according to comparative advantage

Explanation:

Comparative advantage is when a country produces a product at a lower opportunity cost when compared with its trading partners.

Absolute advantage is when a country produces more quantities of goods and services than its trading partners.

A country can still have comparative advantage in production if opportunity cost is increasing once it's opportunity cost doesn't become greater than that of its trading partners.

A country can have comparative advantage without having absolute advantage.

I hope my answer helps you.

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3 years ago
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