What Is the Issue Price of $200,000 in Bonds That

question 11

Essay

What is the issue price of $200,000 in bonds that sell at 95.5?

---

Definitions:

Adding Machine

A mechanical or electronic device used for calculating sums, primarily used for accounting or bookkeeping purposes.

Photocopier

A machine used to make copies of documents and images.

Durable Items

Products or goods made to withstand use over time without significant deterioration or wear.

Restocked

The process of replenishing goods or materials that have been used or sold, keeping supplies at a necessary level.