i8ataco i8ataco

13-04-2018
Business

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A $1,000 bond quoted at 104 would sell for

a) $104
b) $1000
c) $1040
d) $1104

Respuesta :

jaleahalvarez18 jaleahalvarez18

13-04-2018

$1,000 bond quoted at 104 would sell for 104%*1,000. 104% * 1,000 = 1.04 * 1,0000 = $1.040
answer is c.$1040

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