Question

Question 2 1 pts Round answers to the nearest dollar and do not include $ sign Bonds with a face value of $100,000 and a quoted price of 99 are issued at $ Bonds with a face value of $500,000 and a quoted price of 101 are issued at $ Bonds with a face value of $300,000 and a quoted price of 100 are issued at $

Answer 1

1.Issue price of bonds = 100,000 x 99%

= $99,000

2. Issue price of bonds = 500,000 x 101%

= $505,000

3.Issue price of bonds = 300,000 x 100%

= $300,000

Bonds with a face value of $100,000 and a quoted price of 99 are issued at	$99,000
Bonds with a face value of $500,000 and a quoted price of 101 are issued at	$505,000
Bonds with a face value of $300,000 and a quoted price of 100 are issued at	$300,000

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