What is the current price of a $1,000 face value Beta Movers' bond?
A) $1,000.10
B) $1,000.13
C) $1,033.54
D) $1,033.64
E) $1,034.17

Question

Quizplus · Accepted Answer

The current price of a bond is determined by its market value, which can be influenced by factors such as interest rates, credit rating, and time to maturity. The given options suggest that the bond is trading at a premium, and $1,033.54 is the closest reasonable market price for a $1,000 face value bond.

What Is the Current Price of a $1,000 Face Value