Question

Corporate bonds from Agram Imports are selling at 80.191, bonds from Rayje Clothiers are selling at 115.550, and bonds from Orlon Jewelry are selling at 91.931. If each of these bonds has a par value of $1,000, and Maud wishes to purchase three bonds from Agram Imports, two bonds from Rayje Clothiers, and one bond from Orlon Jewelry, how much can she expect to pay in total?

Answer 1

the answer is c !!!!!

Answer 2

The answer is $5636.04

Explanation:

Agram Imports are selling at 80.191

Rayje Clothiers are selling at 115.550

Orlon Jewelry are selling at 91.931

Each of these bonds has a par value of $1,000

Maud wishes to purchase three bonds from Agram Imports, two bonds from Rayje Clothiers, and one bond from Orlon Jewelry

`(3*80.191)+(2*115.550)+(1*91.931)`

=240.573+231.10+91.931 = 563.604

So, total money Maud will have to pay is (563.604*1000)/100 = $5636.04