A Bond That Is Currently Selling for $925

question 52

Multiple Choice

A bond that is currently selling for $925.44 has a conversion price of $25.00. If the par value is $1,000, what is the conversion ratio?

• A)35
• B)37
• C)40
• D)42
• E)44

---

Definitions:

Birth Rate

The statistical measure of the number of live births per 1,000 people in a given population over a specific period of time.

Puerto Ricans

Refers to the people originating from or living in Puerto Rico, a territory of the United States, who share a common cultural heritage and nationality.

United States

A country primarily located in North America, consisting of 50 states and a federal district, known for its significant impact on global affairs and culture.

Highest Percentage

Refers to the largest fraction or share expressed as a part of one hundred when comparing parts of a whole.