Question
The price of a bond is 81.2%. If par of the bond is $1,000, what is the dollar price of this bond? Do not round
The price of a bond is 81.2%. If par of the bond is $1,000, what is the dollar price of this bond?
Do not round at intermediate steps in your calculation. Round your answer to the nearest penny. Do not type the $ symbol.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
