What would customer pay for a $5,000 face value bond that is priced at 127.61 percent of par?
| Customer will pay = Face value * % at which bond has been issued | |||||||
| =$5000*127.61% | |||||||
| =$6380.50 | |||||||
What would customer pay for a $5,000 face value bond that is priced at 127.61 percent...
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