If three municipal bonds are purchased at the price of 102, 100 and 99 – these bonds are said to be sold: a) at a discount, at par, at a premium b) at a premium, at par, at a discount c) at par, at a premium, at a discount d) at a discount, at a premium, at par
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If three municipal bonds are purchased at the price of 102, 100 and 99 – these bonds are said to be sold:
a) at a discount, at par, at a premium
b) at a premium, at par, at a discount
c) at par, at a premium, at a discount
d) at a discount, at a premium, at par
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- Consider the following three bond quotes: a Treasury bond quoted at 103:21, a corporate bond quoted at 96.10, and a municipal bond quoted at 100.50. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollarsConsider the following three bond quotes: a Treasury note quoted at 95.84, a corporate bond quoted at 102.85, and a municipal bond quoted at 101.50. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5, 000, what are the prices of these three bonds in dollars?Consider the following three bond quotes; a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted at 101.45. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars?
- What is the correct answer? The total interest paid on $46,000, ten-year, 6 percent bonds that are issued at 98 is a. $28,520. b. $26,680. c. $28,060. d. $27,600.The following data relate to a $2,000,000, 8% bond issued for a selected semiannual interest period: Bond carrying amount at beginning of period $2,125,000Interest paid during period 160,000 Interest expense allocable to the period 148,750 (a) Were the bonds issued at a discount or at a premium? (b) What is the unamortized amount of the discount or premium account at the beginningof the period? (c) What account was debited to amortize the discount or premium?Consider the following three bond quotes: a Treasury note quoted at 97.844, a corporate bond quoted at 103.25, and a municipal bond quoted at 101.90. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? (Do not round intermediate calculations and round your final answers to 2 decimal places.) Treasury note Corporate bond Municipal bond