The equation y = 4x represents the relationship between time, x, and distance traveled, y. Which graph represents this relations
2 answers:
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Answer:
The value of Treasury bond in dollars = $1,069.38
The value of Corporate bond in dollars = $962.50
The value of Municipal bond in dollars = $5,032.50
Step-by-step explanation:
Data provided in the question:
Treasury bond quoted at 106:30
corporate bond quoted at 96.25
municipal bond quoted at 100.65
Treasury bonds have a par value = $1,000
corporate bonds have a par value = $1,000
municipal bond has a par value = $5,000
Now,
The value of Treasury bond in dollars = × $1,000
= 106.9375% × $1,000
= $1,069.38
The value of Corporate bond in dollars = 96.25% × $1,000
= 0.9625 × $1,000
= $962.50
The value of Municipal bond in dollars = 100.65% × $5,000
= 1.0065 × $5,000
= $5,032.50