Answer:
None of these choices are correct.
Step-by-step explanation:
The quoted value of 99.875, means that this bond is sold at 99.875% of the face value and not at a price of $99.875.
Therefore, calculate price;
Price = 0.99875 * 1000
Price = $998.75
Since brokerage fees is 5.5% of the selling price, Leona will pay additional cost to the quoted price making the total cost to be more than $998.75;
Brokerage fees = (0.055*998.75) = $54.93
Total cost = $998.75 +$54.93
= $1053.68
Therefore, none of the choices is correct.
Answer:
(1/2)% = 0.5% =0.5/100 = 0.005
=> Option E is correct.
Hope this helps!
:)
Answer:
A function is a relation in which each possible input value leads to exactly one output value. We say “the output is a function of the input.”
The input values make up the domain, and the output values make up the range.
Step-by-step explanation:
Answer:
Not a question but are you an online student????
Step-by-step explanation:
