If a Bond Is Quoted in the Newspaper at 105,the

question 127

Multiple Choice

If a bond is quoted in the newspaper at 105,the current price of a $1,000 face value bond is:

• A)$50.00.
• B)$95.00.
• C)$950.00.
• D)$1,050.00 .
• E)$1,000.00.