Bonds are said to be quoted as a percent of par. What does that mean? What is

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Bonds are said to be quoted “as a percent of par.” What does that mean? What is 1 point worth in the bond market?

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 28, 2015 03:44 AM

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Bonds are said to be quoted as a percent of par. What does that mean? What is

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A percent of par quotation indicates that the issue is trading at ...View the full answer

Fundamentals of Investing

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