Jackie K.
asked • 10/13/12calcuate the dollar amount by the face value is 1,000
Calculate the total dollar amount you would pay at the quoted price for the bond (disregard commission or any interest that may have accrued). (Omit the "$" sign in your response.) I have posted a few times for so reason the answer is not 339.00 that everyone and myself came up with. but my homework that I do online say that is not right. So i figure maybe I approach the problem wrong. pls help.... Also I read the any bond has a value of 1,000 for the face vaule, I dont know if that make a differnce. My homework is all about Compare bond yields to bond premiums and discounts... PLZ HELP...
Company Bond price Number of bonds purchased
Wang $113 3
Total Dollar amount of purchase price $
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