519,876 views
42 votes
42 votes
A $1,000 bond quoted at _____ would be purchased or sold at a discount.

a. 110
b. 100
c. 98
d. 105

User Hendrick
by
2.7k points

2 Answers

10 votes
10 votes
The answer is 98 , if the bond is sold above 100 it will be premium
User Catharina
by
3.0k points
21 votes
21 votes
A $1000 bond quoted at 98 would be purchased or sold at a discount
User Loes
by
3.1k points