A bond with a face amount of $10,000 has a current price quote of 104.885. What is
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A bond with a face amount of $10,000 has a current price quote of 104.885. What is the bond’s price?
a. $10,488.50
c. $1,048.85
b. $1,048,850
d. $10,104.89
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Related Book For 
Financial Accounting International Financial Reporting Standards
ISBN: 9780273777809
1st Global Edition
Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy
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