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Author Question: Anderson Township school bonds are selling at 98.367. What is the market price of one of the ... (Read 38 times)

nramada

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on: Jun 24, 2018
Anderson Township school bonds are selling at 98.367. What is the market price of one of the school's 500 bonds?

Question 2

If the market value is less than par value, a bond is said to be selling at a(n) ___________________ _.
 Fill in the blank(s) with correct word


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Fayaz00962

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Reply #1 on: Jun 24, 2018
Answer to Question 1

491.84

Answer to Question 2

discount


nramada

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

adammoses97

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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