What is the dollar amount of each of the following bonds?
· 10⅜ 2001 Feb. $10,000 par Treasury note selling at 101:11
· ATT has a debenture outstanding, maturing in 2010 and paying an 8.00 % coupon rate. The current market value of the bonds is 98 ¼.
· $1,000,000 U.S. Treasury bond maturing 04/15/25 paying a coupon of 4 ⅝ % with a close price 0f 104:17© BrainMass Inc. brainmass.com March 4, 2021, 5:55 pm ad1c9bdddf
Bond prices are given as a percentage of face value with fractions of a percent represented as ...
This solution calculates the dollar amount for different bond quotes.