Actual dollar price of the bond
Question: If you looked at the bond trading pages online or in the newspaper and saw a bond price quote for a $1,000 par value bond of "96.500" you would know the actual dollar price of the bond was:
Now Priced at $20 (50% Discount)
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Bond price quote for a $1,000 par value bond of "96.500" you would know the actual dollar price of the bond was:
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