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).)
| Par value of bonds | 1000 | ||||
| Qouted price | 101.41 | ||||
| Price of Bond (1000*101.41%) | 1014.1 | ||||
| Answer is 1014.10 | |||||
What is the price of a $1,000 face value bond if its quoted price is 101.41?...
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