Answer:
I used an excel spreadsheet since there is not enough room here.
Explanation:
Answer:
1,011.429 dollars
Explanation:
The dealer is willing to sale bond (we purchase from the dealer) at the ask price
In this case 1,011.429 dollars per bond.
If anyone want's to purchase those bonds will have to pay this amount per bond.
The opposite to the ask price is the bid price, which is the price at which the dealer is willing to purchase bond (we sale it to the dealer).
sold 500 tickets therefore it is not economically efficient
A leverage by is one where there is.
The purpose of this category of interview questions is to obtain factual information about the interviewee.
