Screen Shot 2019-09-17 at 4.37.22 PM.png - TB MC Qu 08-31 A bond is listed in a A bond is listed in a newspaper at a bid of 105.4344 This quote should

Screen Shot 2019-09-17 at 4.37.22 PM.png - TB MC Qu 08-31 A...

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Unformatted text preview: TB MC Qu. 08-31 A bond is listed in a... A bond is listed in a newspaper at a bid of 105.4344. This quote should be interpreted to mean: Multiple Choice O the bond will pay semiannual interest payments of $105.4344 per $1.000 offace value. you can sell that bond at a price equal to 105.4844 percent of face value. the bond will pay annual interest payments of 551054844 per $1,000 of face value. you can buy that bond at a price equal to 105.4844 percent offace value. 000. the bond dealer is willing to sell that bond for a price equal to 105.4344 percent of par. ...
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  • Spring '18
  • $1,000, $1.000, BOND DEALER, $105.4344, 105.4344 percent, 105.4844 percent

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