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kirill [66]
2 years ago
9

A corporate bond was quoted yesterday at 102.16 while today's quote is 102.19. What is the change in the value of a bond that ha

s a face value of $3,000?
Business
1 answer:
Lostsunrise [7]2 years ago
6 0

Answer:

The change in the value of the bond is $0.90. In other words, the value of the bond has increased by $0.90 from yesterday to today.

Explanation:

We have Value of the bond = Quoted value / 100 * face value

So,

Yesterday value of the bond = 102.16/100 * 3,000 = $3064.8;

Today value of the bond = 102.19/100 * 3,000 = $3065.7.

=> Change in the value of the bond = Today value of the bond - Yesterday value of the bond = $3065.7 - $3064.8 = $0.90.

In other words, the value of the bond has increased by $0.9 from yesterday to today.

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irinina [24]

Answer:

state statutes

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Usually, if the LLC's operating agreement didn't specify how the profit would be distributed, state statutes determine that the profits must be divided equally among members.

LLC are separate entities form their owners, they are authorized and created by the state's statutes, and they become legal entities in the state where they have their offices and operate.

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1 year ago
On 4/1/Y9, Petal Corp. began offering a new product for sale under a 1-year warranty. Petal had 5,000 units in inventory on 4/1/
IrinaVladis [17]

Answer:

$17,000

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6 0
1 year ago
Courtney recently ordered a few books online. However, she received the wrong order. She was completely dissatisfied and returne
poizon [28]

What Courtney is experiencing in the question is a process called service recovery.

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Customer retention is mainly determined by how a company resolves a problem that a customer faces due to a faulty service or product.

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1 year ago
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Naddik [55]

Answer:

rebate

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1 year ago
Adjust the percentages of Chris’s investments to make his portfolio with potential for high growth
Oksana_A [137]
<h2>Answer:</h2><h3><em><u>Bond: 20%</u></em></h3><h3><u><em>Mutual Fund: 15%</em></u></h3><h3><u><em>Stock: 50%</em></u></h3><h3><u><em>Savings Account: 15%</em></u></h3>

<h2>Explanation:</h2><h3><u><em>E v e r F i</em></u></h3>
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1 year ago
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