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Cloud [144]
2 years ago
5

Consider the following three bond quotes; a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipa

l bond quoted at 101.45. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars?
Business
1 answer:
r-ruslan [8.4K]2 years ago
6 0

Answer:

              Total market value of the bonds:  6,972.2

Explanation:

The "quote" will be the percent of the face value at which the title is currently  trading.

We will multiply each quoted by the face value to get the market value in dollars:

1,000 x  87.25/100     =     875.5

1,000 x 102.42/100    =   1,024.2

5,000 x 101.45/100    =   5,072.5

              Total             =  6,972.2

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Answer:

Adjusting & Accrued Wages Adjusted Payment:

To record the outstanding payment of wages for 1 day following journal entry has been passed. The salaries cost account has been charged by an amount of  (9 workers × $145) $1,305 and the account of wages payable has been credited with the same amount to adjust the journal entry as shown below:

Date: 31 Dec

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2 years ago
A vacation house in Colorado is
stellarik [79]

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A vacation house in Colorado is rival in consumption and excludable.

The correct answer is C

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"what kinds of misunderstanding are likely to arise between an american company and a saudi enterprise, neither of which has exp
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Mikes Inc. has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.60 Var
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Missing question:

Additional cost from increasing their output by one unit.

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