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What is the price of a $1,000 face value bond if its quoted price is 101.41?...

What is the price of a $1,000 face value bond if its quoted price is 101.41? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

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Answer #1
Par value of bonds 1000
Qouted price 101.41
Price of Bond (1000*101.41%) 1014.1
Answer is 1014.10
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