If a Bond Is Quoted in the Newspaper at 96,the

question 7

Multiple Choice

If a bond is quoted in the newspaper at 96,the current price of a $1,000 face value bond is:

• A)$9.60.
• B)$96.00.
• C)$960.00.
• D)$1,000.00.
• E)$1,096.00.

---

Definitions:

Fill Formatting Only

An option in software applications that applies formatting attributes like color, pattern, or style to selected elements without modifying the content.

Destination Area

The target location where data is to be stored or displayed, often used in context with moving or copying information in computing.

Source Area

The region or code section from which data is obtained or where original information is located, often used in computing contexts.

Increase Indent

A function in text editors or word processors used to add space before the first line of a paragraph.