Use the following bond quotes to answer this question:

-What was yesterday's closing price on the Beta Movers bond?
A) $1,020.13
B) $1,033.44
C) $1,044.07
D) $1,053.54
E) $1,054.07

Question

Use the following bond quotes to answer this question:
 
-What was yesterday's closing price on the Beta Movers bond?
A) $1,020.13 
B) $1,033.44 
C) $1,044.07 
D) $1,053.54 
E) $1,054.07

Quizplus · Accepted Answer

The closing price for the Beta Movers bond is given on the quote as 103.344, which is equal to $1,033.44 (since bond quotes are typically listed as a percentage of par value).

Use the Following Bond Quotes to Answer This Question