Gerald Kiraly sold 8 Romond Corporation bonds with a coupon rate ...

[ETearle]

Gerald Kiraly sold 8 Romond Corporation bonds with a coupon rate of 8.375 and a current market price of 95.25. The commission charge is 10 per bond. The date of the transaction is 72 days since the last interest payment. What were the proceeds of the sale?

Question 2

The ___________________ _ of money is worth more than money in the future.
 Fill in the blank(s) with correct word

[smrerig]

Answer to Question 1

7,674

Answer to Question 2

present value

[ETearle]

Thanks for the timely response, appreciate it

[lindahyatt42]

YES! Correct, THANKS for helping me on my review