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aliina [53]
3 years ago
14

Escambia county bonds worth $1,000 are selling at 109.443. what is the market price of one such bond?

Business
2 answers:
insens350 [35]3 years ago
8 0

Escambia county bonds worth $1,000 are selling at 109.443. What is the market price of one such bond?

The market price of the bond is D. $1,094.43. To solve for the market price of a bond, multiply the percentage bond price by the bonds face value (worth) by the price of the bond. The market price of the bond, is the current price the bond will sell for in the market.

Basile [38]3 years ago
4 0
D. 1094.43 is correct!! 
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yanalaym [24]

Answer:

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Explanation:

When suppliers under invest in their business, they will end up having the capacity to only produce less than the market requires. Should this happen, supply will be reduced in the market which would lead to relative scarcity all else being equal.

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3 years ago
Bolt Corp. acquires equipment valued at $81,630 by signing a 3-year noninterest-bearing note payable for $100,000. Calculate the
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Answer:

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Last Step is to find the implicit interest rate by using the PV table for 3 years to find the factor that matches the PV factor of 0.81630

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Therefore the implicit interest rate on the note will be 7%

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