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Question A bond traded at 102 1/2 means that: The bond

Question : Question A bond traded at 102 1/2 means that: The bond : 1061566

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A bond traded at 102 1/2 means that: The bond pays 2.5% interest. The bond traded at 102.5% of its par value. The market rate of interest is 2.5%. The bonds were retired at $1, 025 each. The market rate of interest is 2 1/2 % above the contract rate.

 

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Finance 11 Months Ago 77 Views
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