If bonds have a maturity value of $1.000 and they generally look like several hundred to over
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Question:
If bonds have a maturity value of $1.000 and they generally look like several hundred to over $1.000 in price today. WHY do they keep quoting them as numbers like 99.52 I mean, that is obviously not $99.50. So, why do they make this so confusing? Reply
Expert Answer:
The numbers used to quote bond prices may seem confusing at first but they actually represent a perc... View the full answer
Related Book For 
Introduction To Materials Management
ISBN: 978-9386873248
8th edition
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
Posted Date:
