The answer is B. the ad shows bars of soap and and a bathroom sink, i just took the test
Answer:
b) $1,045.31
Explanation:
The computation of the receiving amount is shown below:
Amount = Bid price × par value
where,
We assume the par value is $1,000
So, the amount equal to
= 104.5313 × $1,000
= $1,045.31
The bid price is the price at which the bank is purchased the financial security from the investor. Here the selling price is for the investor and the buying price is for the buyer
Answer:
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