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3 years ago

The price quotations of Treasury bonds in the Wall Street Journal show an ask price of 104.25 and a bid price of 104.125.

Business

1 answer:

Andreas93 [3]3 years ago

5 0

As a seller we would receive $1,041.25

Solution:

You may receive the bid price of the dealer, $104.125\%$ of $1,000, or $1,041.25

Prices of treasury bonds are expressed as par value amounts.

The quote price of 104:25 means that the bond is priced at $(104 + \frac{25}{100})\%= 104.25\%$ of the par value.

Therefore, if the debt is $1,000, the dollar values to be charged by the borrower should be $1,000\times104.25\% = \$1,041.25$

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Answer:

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Explanation:

Giving the following information:

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The vendor now offers a quantity discount of $0.20 per box if the company buys pens in order sizes of 10,000 boxes.

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3 years ago

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nadya68 [22]

Answer:

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= Fixed assets x 100

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3 years ago

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