Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Use the following bond listing for Pacific Bell to answer the following:
A 5-column table with 1 row. Column 1 is labeled Bonds with entry PacBell 6 and StartFraction 5 Over 8 EndFraction 34. Column 2 is labeled current yield with entry 6.55. Column 3 is labeled Volume with entry 5. Column 4 is labeled Close with entry 99 and one-fourth. Column 5 is labeled net change with entry + StartFraction 1 Over 8 EndFraction.



What was the closing price of the bond? What was the dollar amount?
a. 106 5/8; $966
b. 6 5/8; $6625
c. 99 1/4; $993.45
d. 99 1/4; $992.50

Sagot :

Answer:

b.

$66.25

Step-by-step explanation:

just did the test

We appreciate your time. Please come back anytime for the latest information and answers to your questions. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.