What is the current price of a $1,000 face value bond if it is quoted in the newspaper at 92?

3 answers

• Mary AngelaFeb 23, 2021 · 5 years ago
  The current price of a $1,000 face value bond quoted at 92 in the newspaper would be $920. When a bond is quoted at a percentage of its face value, you can calculate the current price by multiplying the face value by the quoted percentage. In this case, 92% of $1,000 is $920.
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• Poonam KalraSep 30, 2023 · 2 years ago
  If you see a $1,000 face value bond quoted at 92 in the newspaper, it means that the bond is being sold at 92% of its face value. To calculate the current price, you can multiply the face value by the quoted percentage. In this case, the current price would be $920.
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• Mohammedumer MohdumetJun 23, 2024 · a year ago
  When a $1,000 face value bond is quoted at 92 in the newspaper, its current price would be $920. This means that the bond is being sold at a discount of 8% from its face value. Keep in mind that bond prices can fluctuate based on market conditions and interest rates.
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