Crystal, Inc.issued $41,000,000 of bonds.Assuming the most common denomination of bonds, the number of bonds sold was
A)41,000.
B)410,000.
C)4,100,000.
D)41,000,000.

Name: Crystal, Inc.issued $41,000,000 of bonds.Assuming the most common denomination of bonds, the number of bonds sold was A)41,000. B)410,000. C)4,100,000. D)41,000,000.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

The most common denomination of bonds is $1,000. Therefore, the number of bonds sold would be $41,000,000/$1,000 = 41,000.