Compute the price to the nearest dollar for the following bonds with a face value of $10,000:

Question:

Compute the price to the nearest dollar for the following bonds with a of $10,000:
a. 93.00
b. 88.75
c. 101.375
d. 122.50
e. 100.00
Face Value
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the...