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10. Calculate the closing percentage of the face value for a $3,000.00 bond with a closing price of $3,165.00.
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10. Calculate the closing percentage of the face value for a $3,000.00 bond with a closing price of $3,165.00.

User Fernando Briano
by
4.6k points

2 Answers

5 votes

Answer:

105.5 or 105 1/2

Explanation:

3165/3000 = 1.055

1055* 100 = 105.5 or 105 1/2

User Sgtfrankieboy
by
4.9k points
2 votes

Answer:

105

Explanation:

User Djhocking
by
4.3k points
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