Stocks and Bonds Answers
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Examine the following typical corporate bond listing: In the name column, NYTel is the abbreviated name of the company (New York Telephone) issuing the bond. What was the closing price of the bond? What was the dollar amount?
A
101; $101,750B
7; $7250C
101; $1017.50D
107; $1072.5022
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When you purchased 100 shares of Bio-Tech Sciences, the value per share was listed at $12.38. When Bio-Tech Sciences sent out their daily report today, you see that they list the value of their stock at $45.16. If you were to sell all your shares in Bio-Tech Sciences today, what would be the total value of your investment?
A
$1,238.00B
$4,516.00C
$5,754.00D
$3,278.00Did you find these answers helpful?
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