Questions: What is the price (expressed as a percentage of the face value) of the Treasury bond?

What is the price (expressed as a percentage of the face value) of the Treasury bond?
Transcript text: What is the price (expressed as a percentage of the face value) of the Treasury bond?
failed

Solution

failed
failed

Solution Steps

Solution Approach
  1. Identify the face value of the Treasury bond.
  2. Determine the current market price of the Treasury bond.
  3. Calculate the price of the Treasury bond as a percentage of its face value using the formula: \(\text{Price Percentage} = \left(\frac{\text{Market Price}}{\text{Face Value}}\right) \times 100\).
Step 1: Identify Given Values

We are given the face value and the market price of the Treasury bond:

  • Face Value (\(FV\)) = 1000
  • Market Price (\(MP\)) = 950
Step 2: Calculate the Price as a Percentage of the Face Value

The price of the Treasury bond as a percentage of its face value is calculated using the formula: \[ \text{Price Percentage} = \left(\frac{\text{Market Price}}{\text{Face Value}}\right) \times 100 \] Substituting the given values: \[ \text{Price Percentage} = \left(\frac{950}{1000}\right) \times 100 = 95.00\% \]

Final Answer

The price of the Treasury bond as a percentage of the face value is: \[ \boxed{95.00\%} \]

Was this solution helpful?
failed
Unhelpful
failed
Helpful

Questions asked by other users

failedAnswered
Consider the following linear equation. [ y=frac32 x+4 ] Step 1 of 2: Determine the slope and the y-intercept (entered as an ordered pair) of the equation above. Reduce all fractions to lowest terms.
failedAnswered
Which acid/base pair will give an equivalence point above a pH of 7? Select the correct answer below: NaOH and HCl NH3 and HCl NH3 and CH3COOH NaOH and CH3COOH
failedAnswered
A marine biologist is preparing a deep-sea submersible for a dive. The sub stores breathing air under high pressure in a spherical air tank that measures 70.0 cm wide. Calculate the pressure to which this volume of air must be compressed in order to fit into the air tank. What's your answer in atmospheres? Round your answer to 3 significant digits. The biologist estimates she will need 2700 L of air for the dive. Calculate the pressure to which this volume of air must be compressed in order to fit into the air tank. What's your answer in atmospheres? Round your answer to 3 significant digits.
failedAnswered
A worker costs 60 a day, and the firm has fixed costs of 120. Use this information to fill in the column for total cost Fill in the column for marginal cost in the previous table. (Hint: MC = (Delta TC)/(Delta Q).) Fill in the column for average total cost in the previous table. (Hint: ATC = TC/Q.) Which of the following statements are true about the patterns found in this table? Check all that apply. - Average total cost is not U-shaped. - Marginal product rises at first, then declines. - When marginal product is rising, marginal cost is also rising. - When marginal cost is less than average total cost, average total cost is falling.
failedAnswered
Select the correct answer. Femando wants to conduct research to ascertain how the location of food deserts in the United States might be linked to local government policies. Which question is most effective for guiding Fernando's research? A. Is healthier food made available in areas where local government has its offices? B. Are there local govemment policies that affect where healthy food is made available? C. Which food deserts in the United States are located close to local government offices? D. Which local government policies have historically created food deserts?